This Is Why Bitcoin Still Has The Ability To Reach 100K By 2021!

Hi,

Welcome to this analysis about Bitcoin, we are looking at the 2-day timeframe perspectives. In times of erratic misleading twitter tweets and voices about regulation increasing it is necessary to elevate and see what is possible and what is not possible. Bitcoin as the last heavy breakdowns occurred entered an oversold condition from where an initial reversal can be possible, besides that Bitcoin has now third time tested this lower boundary of the massive ascending-channel-formation where it already bounced previously substantially to the upside, this can also happen, in this case, it will be important on how Bitcoin manages to continue further, when Bitcoin then breaks out above this descending-trend-line into the bullish-continuation-zone it will be the proper setup for further developments as the triangle has completed. Taking this into consideration it is highly necessary that Bitcoin holds the supports sustainably because when it does not happen the bullish case will be invalidated below, therefore it is highly essential to keep patient and wait for the validations before rushing into set conclusions without evidence.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity, but one must be taken."

Information provided is only educational and should not be used to take action in the market.