Mikki0416

$BTC in the starting blocks for the bull run to $55.000,-

Long
BITFINEX:BTCUSD   Bitcoin
$BTC in the starting blocks for the bull run to $55.000,-

Very important update for $ BTC at the moment.

We actually see a last box of resistance around 10.5 / 11.5k. I am very convinced that if we tap the 10.5k / 11k within a short time, we will be at the ATH within six months.

We are currently seeing increasing volume in the total market. Bitcoin is also finally disconnecting from the financial stock markets. This can cause a lot of fireworks in the coming months.

My targets for the next 2 months:
$ 10,500
$ 11,500
$ 14,500

My targets for the next 1.5 years:
$ 25,000
$ 55,000
$ 85,000
$ 135,000

I see it possible that Bitcoin will do this bull run in 2 parts. The first bull run could possibly last until 2021 as a kind of "'hype run". After this, people may start to see that Bitcoin is here to stay. This is followed by the 2nd bull run, namely the mass adoption bull run that will be much more extreme than the upcoming one. Here we may be able to bring up the well-known expectations of $ 500,000. But for now we can dream about that.

Keep a close eye on the situation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.