BitcoinLong
Bitcoin Breaks All Time High (ATH)
Hello!
We got a Bitcoin ATH break like I suggested 4th of december! Awesome if you ask me!
We still have fear and creed index on extreme creed (over 1 month) which I still don't like, but like the price shows us it actually doesn't matter. People can get even more creedy!
If we do believe to identical waves (legs same size. blue arrows) next resistance would be around 21 300. There is also fibonacci take profit levels (1,618 and 2,618) which I put on the chart which would show around 20 600 and 22 400.
If we stay higher than ATH we are heading upwards. How far? No one can say with certainty. If someone does don't believe him, because he really doesn't know! ;D
I still believe the same. Higher lows = bull, stimulus happening, dollar weakening and Bitcoin getting more mainstream (money flowing in). I think we could even see 25k now that ATH is broken.
We are really high so stay safe brothers and sisters and be careful because of the Fear and Creed Index.
For traders. Use stop loss if you do trades!
First mistake beginner traders do is taking to big risk.
-Jebu
We got a Bitcoin ATH break like I suggested 4th of december! Awesome if you ask me!
We still have fear and creed index on extreme creed (over 1 month) which I still don't like, but like the price shows us it actually doesn't matter. People can get even more creedy!
If we do believe to identical waves (legs same size. blue arrows) next resistance would be around 21 300. There is also fibonacci take profit levels (1,618 and 2,618) which I put on the chart which would show around 20 600 and 22 400.
If we stay higher than ATH we are heading upwards. How far? No one can say with certainty. If someone does don't believe him, because he really doesn't know! ;D
I still believe the same. Higher lows = bull, stimulus happening, dollar weakening and Bitcoin getting more mainstream (money flowing in). I think we could even see 25k now that ATH is broken.
We are really high so stay safe brothers and sisters and be careful because of the Fear and Creed Index.
For traders. Use stop loss if you do trades!
First mistake beginner traders do is taking to big risk.
-Jebu
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