BTC close to a break-out - an optimistic view
Dear all,
Current trends seem to be very bullish. 57-58k levels are new short-term support levels. Bulls try to push levels toward previous ATH arround 64.8k. Small retestings toward 57-58k are expected at the way up to 64,8k. Next zones are very exploratory but profit taking is expected with small pullbacks on the way up. Also ETF buy the rumor sell the news will cause some minor volatility. Remember: 98% of holders are in profit now! With the current fear and greed index, it is expexted that some profit taking will take place before we break towards the 70k+ levels thereby turning previous ATH into a new support. Your alts will continue to bleed so don't look at them for the next month, they will not dissapoint you later when money is flowing again from BTC towards the alt-market! Your patience will be rewarded and the reward will not dissapoint you. You are not ready for the next move! :D
Enjoy the ride up!
All the best and please share your ideas!
Y
Current trends seem to be very bullish. 57-58k levels are new short-term support levels. Bulls try to push levels toward previous ATH arround 64.8k. Small retestings toward 57-58k are expected at the way up to 64,8k. Next zones are very exploratory but profit taking is expected with small pullbacks on the way up. Also ETF buy the rumor sell the news will cause some minor volatility. Remember: 98% of holders are in profit now! With the current fear and greed index, it is expexted that some profit taking will take place before we break towards the 70k+ levels thereby turning previous ATH into a new support. Your alts will continue to bleed so don't look at them for the next month, they will not dissapoint you later when money is flowing again from BTC towards the alt-market! Your patience will be rewarded and the reward will not dissapoint you. You are not ready for the next move! :D
Enjoy the ride up!
All the best and please share your ideas!
Y
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