#BTCDAILY - 22.2.21 - Was that you Saylor!?
#BTCDAILY - 22.2.21
Was that you Saylor!?!?!?!?
Overview:
Dump rejected at $53.7k again - Bounce here and consolidate between the trend line and $58k before next leg up
SELL WALL
N/A
BUY WALL
$53k - 53.3K - 300 BTC
VOLUME: Very Stable - Expected volatility to calm down after mini dump
BTC PRICE STABLE + BTC .D INCREASE = ALTS ACCUMULATE
Local Support: $50.5k
Next Support: $48k
Local Resistance: $52.6k
Next Resistance: $53.7k
Top Fundamentals:
- $50k broken and held comfortably - Bullish
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
-Coinbase, readying for public listing, gets $77B valuation from Nasdaq private market - Bullish
-Blockchain.com raises $120 million to tackle growing institutional demand for Bitcoin - Bullish
- MicroStrategy Sells Off $1 Billion of Debt to Buy More Bitcoin
-World’s largest asset manager BlackRock confirms they’re looking into Bitcoin - V. Bullish
- British private jet firm says 19% of its tickets are bought via Bitcoin - Bullish
- Crypto Reaches $1.7 Trillion As Bitcoin Eats into Gold - V. Bullish
- JP Morgan Says It Would Offer Bitcoin if Client Demand Soars - Bullish
- Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card - V. Bullish
- Stimulus expected top up no later than 14th March - Extremely Bullish
- BTC Breaks 1 Trillion Market Cap - Bullish
Personal Opinion:
I think we may have a certain little Saylor behind another dip buy again here - all seems a little bit too coordinated - either way I am pretty sure there are a lot of happy folks out there in ALT's right now for the rejection at $53k/$53k.
Nothing prediction wise changes from yesterday it seems to be tracking perfectly
Short term target - Bounce here and consolidate between the trend line and $58k before next leg up
Long Term - A target of $75k is not on the cards coming in just after 14th March - please note that this line is not reflective of its movement in time or accurate path, just that I think that it will hit these lows and highs in this order
Was that you Saylor!?!?!?!?
Overview:
Dump rejected at $53.7k again - Bounce here and consolidate between the trend line and $58k before next leg up
SELL WALL
N/A
BUY WALL
$53k - 53.3K - 300 BTC
VOLUME: Very Stable - Expected volatility to calm down after mini dump
BTC PRICE STABLE + BTC .D INCREASE = ALTS ACCUMULATE
Local Support: $50.5k
Next Support: $48k
Local Resistance: $52.6k
Next Resistance: $53.7k
Top Fundamentals:
- $50k broken and held comfortably - Bullish
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
-Coinbase, readying for public listing, gets $77B valuation from Nasdaq private market - Bullish
-Blockchain.com raises $120 million to tackle growing institutional demand for Bitcoin - Bullish
- MicroStrategy Sells Off $1 Billion of Debt to Buy More Bitcoin
-World’s largest asset manager BlackRock confirms they’re looking into Bitcoin - V. Bullish
- British private jet firm says 19% of its tickets are bought via Bitcoin - Bullish
- Crypto Reaches $1.7 Trillion As Bitcoin Eats into Gold - V. Bullish
- JP Morgan Says It Would Offer Bitcoin if Client Demand Soars - Bullish
- Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card - V. Bullish
- Stimulus expected top up no later than 14th March - Extremely Bullish
- BTC Breaks 1 Trillion Market Cap - Bullish
Personal Opinion:
I think we may have a certain little Saylor behind another dip buy again here - all seems a little bit too coordinated - either way I am pretty sure there are a lot of happy folks out there in ALT's right now for the rejection at $53k/$53k.
Nothing prediction wise changes from yesterday it seems to be tracking perfectly
Short term target - Bounce here and consolidate between the trend line and $58k before next leg up
Long Term - A target of $75k is not on the cards coming in just after 14th March - please note that this line is not reflective of its movement in time or accurate path, just that I think that it will hit these lows and highs in this order
