Personally I think we will see a big market pump for Bitcoin with Elon Musk coming out and saying he thinks Crypto is the future, People will be selling there Grandmas just to buy Bitcoin ( No we don't support doing this, but this is how stupid most people are these days )
So with this many people buying, the market will have a big bullish run, then when people want there grandmas back the market will drop again.
From the chart you can see price broke our resistance level and closed above it on Friday, so the technical, fundamentals and psychology of human stupidity all point to a buy, with a possible run up to our green zone box.
People will blindly follow big celebrity or a big name without really looking into it, Now a lot of people wont realise that Musk will have millions invested in Bitcoin so when he wants a few more £$£$£$£$£ ( I'm really not sure as he has enough, maybe he is just greedy ) he will just send out 1 little tweet that will make millions of people buy, causing a market pump so his investment goes up in value, then when he has had enough he will pull his investment out causing a market crash.... then he can repeat the cycle over and over again..... THINK OUTSIDE THE BOX DUMMIES ;p
So with this many people buying, the market will have a big bullish run, then when people want there grandmas back the market will drop again.
From the chart you can see price broke our resistance level and closed above it on Friday, so the technical, fundamentals and psychology of human stupidity all point to a buy, with a possible run up to our green zone box.
People will blindly follow big celebrity or a big name without really looking into it, Now a lot of people wont realise that Musk will have millions invested in Bitcoin so when he wants a few more £$£$£$£$£ ( I'm really not sure as he has enough, maybe he is just greedy ) he will just send out 1 little tweet that will make millions of people buy, causing a market pump so his investment goes up in value, then when he has had enough he will pull his investment out causing a market crash.... then he can repeat the cycle over and over again..... THINK OUTSIDE THE BOX DUMMIES ;p