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AlanSantana
Oct 21, 2020 2:20 PM

What Happens If Bitcoin Breaks $12490? Where To Next? $17,000? 

Bitcoin / DollarBitfinex

Description

Bitcoin (BTCUSD) is now facing resistance at $12490, which is the last peak hit back 17-Aug.

If this level is conquered, meaning that BTCUSD moves and closes above it, we will see $14,493 as the next target.

But, if instead this level can't be conquered, we will continue to see additional consolidation.

Breaking above this current resistance also opens the door for $17,736.8 and higher...


What About The Altcoins?

The bullish wave we are expecting for the altcoins market is now 100% guaranteed... Patience is key.

The more Bitcoin grows the better it is for the entire market.

Namaste.

Comment

🅱️💾 Bitcoin (BTC) Detaches From The S&P 500 Index (SPX)

Comment

News release relevant to this article.

PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency
newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency

Comment

Bitcoin Weekly Update After Bullish Confirmation

What Happens If Bitcoin Breaks 13.88K? The Path To $20,000+
Comments
heathmeister
Magic mate...thanks again for all you do.
AlanSantana
@heathmeister, 😊😊😊🙏🏼
RyodaBrainless
fantastic forever
AlanSantana
Pro_Trader_HTBB
You told everyone it is going to $5555 though, how can it be going up? LOL. Keep guessing, eventually one post will be correct...............
Crawlers123
@HowToBuyBitcoindotnetdotau this is why most technical anaytics loose money. They pretend they can see the future.
dragansimic171111
Very nice. Thanks. NAMASTE.
MinerChad
well, it broke the $12,490...
AlanSantana
@Trader-HP, It is likely that we are going to 14K if we close above this level.

The range would be 13700-14490
Julon
What a beautiful day! Cheers from Poland!
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