BITCOIN HAS BEEN IN A BULL TREND FOR A VERY LONG TIME SINCE APRIL 2017 AND ITS ABOUT TO RETEST THE TOP TREND LINE FOR THE 3RD .
BITCOIN HAS ALSO SHOWN THE BUYERS AND SELLER STRENGTH IN THE RSI CHART , SHOWING THAT BITCOIN IS OVER BOUGHT , MEANING THERE ARE TOO MANY BUYERS PRESENT IN THE MARKET AND ITS LOOKING FOR A PERFECT TIME FOR SELLERS TO SELL OFF SOME OR MOST OF THEIR HOLDINGS WHICH IS HAPPENING ALREADY ...
TECHNICALLY BITCOIN HAS FORMED THE CUP AND HANDLE PATTERN PREVIOUSLY ( GREEN CUP AND HANDLE ) WHICH OFTEN LEADS TO A BULL RUN AFTER THE HANDLE IS DONE RETESTING ...
BITCOIN HAS NOW FORMED ANOTHER CUP , *THE MAJOR CUP AND HANDLE PATTERN * ( WHITE CUP AND HANDLE ) LOOKING CLOSELY , THE CUP HAS BEEN FORMED AND NOW THE HANDLE IS ABOUT TO FORM WHICH WILL BE A RETEST TO ABOUT 50K ... THE EFFECT OF COMPLETE WHITE CUP AND HANDLE PATTERN FROM 50K MIGHT SEND BITCOIN TO $100,000 OR MORE ....
PLEASE REFER AT THE CHARTS TO UNDERSTAND MORE ABOUT THIS ....
I can't help but make this a festive post as Bitcoin finally broke the previous All Time High ( ATH ) of $64900 made last April, a level many thought it wouldn't reach again for many years to come if ever! So let us take this short opportunity to congratulate everyone. All the HODLers. For all those who had to endure 5 months of stress, anxiety, discomfort and pain but didn't lose hope and held. Those who were mocked by and had to sit and listen to people who don't possess the slightest understanding of Bitcoin , the Blockchain technology and what they represent. By now you all know that with every correction most mainstream people pop up telling crypto enthusiasts that "BTC is going to 1k, 100 or even zero"! By now I am sure you all know better than this. Well, congratulations to all, this victory is well deserved, Bitcoin has made a new ATH today. Let's see now what possibilities lie ahead.
PLEASE SHARE LIKE AND FOLLOW FOR MORE UPDATES
BITCOIN HAS ALSO SHOWN THE BUYERS AND SELLER STRENGTH IN THE RSI CHART , SHOWING THAT BITCOIN IS OVER BOUGHT , MEANING THERE ARE TOO MANY BUYERS PRESENT IN THE MARKET AND ITS LOOKING FOR A PERFECT TIME FOR SELLERS TO SELL OFF SOME OR MOST OF THEIR HOLDINGS WHICH IS HAPPENING ALREADY ...
TECHNICALLY BITCOIN HAS FORMED THE CUP AND HANDLE PATTERN PREVIOUSLY ( GREEN CUP AND HANDLE ) WHICH OFTEN LEADS TO A BULL RUN AFTER THE HANDLE IS DONE RETESTING ...
BITCOIN HAS NOW FORMED ANOTHER CUP , *THE MAJOR CUP AND HANDLE PATTERN * ( WHITE CUP AND HANDLE ) LOOKING CLOSELY , THE CUP HAS BEEN FORMED AND NOW THE HANDLE IS ABOUT TO FORM WHICH WILL BE A RETEST TO ABOUT 50K ... THE EFFECT OF COMPLETE WHITE CUP AND HANDLE PATTERN FROM 50K MIGHT SEND BITCOIN TO $100,000 OR MORE ....
PLEASE REFER AT THE CHARTS TO UNDERSTAND MORE ABOUT THIS ....
I can't help but make this a festive post as Bitcoin finally broke the previous All Time High ( ATH ) of $64900 made last April, a level many thought it wouldn't reach again for many years to come if ever! So let us take this short opportunity to congratulate everyone. All the HODLers. For all those who had to endure 5 months of stress, anxiety, discomfort and pain but didn't lose hope and held. Those who were mocked by and had to sit and listen to people who don't possess the slightest understanding of Bitcoin , the Blockchain technology and what they represent. By now you all know that with every correction most mainstream people pop up telling crypto enthusiasts that "BTC is going to 1k, 100 or even zero"! By now I am sure you all know better than this. Well, congratulations to all, this victory is well deserved, Bitcoin has made a new ATH today. Let's see now what possibilities lie ahead.
PLEASE SHARE LIKE AND FOLLOW FOR MORE UPDATES