SkyRocketTrading

Bitcoin has temporarily hit all lows...?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin has temporarily hit all lows and we have a defense of the lower band on 1D, which indicates that there are chances for a nice rebound and reaching even the upper band on 1D in a few days, which would mean that we will reach 68k again and there will be a side trend . However, before we are sure, there must be an upward impulse and we must probably bounce back from the bottom band tomorrow with strength - then we will confirm this scenario. A drop below 59k again negates this scenario and leads us to 55-53k, but this is a less realistic scenario. However, we can still see around 60-59800 before the rebound occurs.
For several days, Mt.gox has been scaring us with withdrawals of funds and a possible market collapse - today the Mt.gox lender said that the withdrawal of Bitcoins will not take place until 2023! this is, of course, very good news and we can actually count on increases in 2022!

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