We are in an arms race to a $10,000 Bitcoin
In my last post I stated I expect Bitcoin to go sideways, and the alts to be resilient and make further gains in their BTC pairings.
So far so good!
The bears are waiting for this top out to take us plunging down to lower lows. It won't happen.
I don't see that happening, what I see happening now is for Bitcoin is for us to BLAST through the 200 Day Moving average.
Thats right, blast through it, I do not see it as the resistance most people do. The real test is the $10,000 level which is where we will be headed to next.
Its an important level as you can see the support resistance flips.
In my opinion, and this is NOT financial advice - this is your last chance to get Bitcoin below $10,000.
My line in the sand is February 20th 2020 once that date hits all hell breaks lose, and we will be in the race to $10,000 and go much higher.
We will blast through the 200 MA and use it as support to go to $10,000 and higher.
In my last post I stated I expect Bitcoin to go sideways, and the alts to be resilient and make further gains in their BTC pairings.
So far so good!
The bears are waiting for this top out to take us plunging down to lower lows. It won't happen.
I don't see that happening, what I see happening now is for Bitcoin is for us to BLAST through the 200 Day Moving average.
Thats right, blast through it, I do not see it as the resistance most people do. The real test is the $10,000 level which is where we will be headed to next.
Its an important level as you can see the support resistance flips.
In my opinion, and this is NOT financial advice - this is your last chance to get Bitcoin below $10,000.
My line in the sand is February 20th 2020 once that date hits all hell breaks lose, and we will be in the race to $10,000 and go much higher.
We will blast through the 200 MA and use it as support to go to $10,000 and higher.