How I think Bitcoin Might Go From Here. HODL.

There's no guarantee in anything. But I think something similar to this is very likely. The price might not go down, so don't sell it, cause you might miss a big upside. Just keep holding. Traders, do your own thinking. I'm here trying to make some predictions on very simple resistance and support levels. My idea is to keep it simple. Might do more of these not only for bitcoin, but stocks too, so If you liked my thinking and I would be right, follow.

Comment:

There were some negative catalysts in the news for bitcoin coupled with some trader profit taking. But ultimately more and more institutions are buying bitcoin, some even selling all their Ether and Monero coins to buy BTC. Upcoming Paypal worldwide, crypto ETF's and just people getting interested, looking to hedge inflation, store savings for the remaining of corona virus....
The future is getting brighter.

Comment:

Theres the big upside. We might see another one, and the price might go to the middle support (blue), hug it and slowly rise to a new high. Expect high volatility upcoming month.

Trade closed: target reached:

technical, you get it...