PLAIN and simple Bitcoin Analysis TODAY 01/03/21
PLAIN and simple Bitcoin
BTCUSDT
Analysis TODAY 01/03/21
Lots of fear for nothing yesterday.
As i predicted in my daily analysis, yesterday, Bitcoin has been able to stay above the 44K resistence.
Thanks to those who rewarded me of their like button, as most analysts have been predicting doom and gloom.
Well.
Today is not much different.
Bitcoin is ranging and uncertain.
Fear is still dissipating slowly, but i would not be surprised if we revisit 44K resistance again, so be prepared to buy it agressively.
Fear is what you want to buy. ALWAYS
Also, i'm still having an eye and the bullish RSI divergence, that did not had any influence on the price action yet.
It could mean a strong bounce is yet to come to the 48600K resistance , but that's going to be the cherry on the cake, if it happens today.
I would say, ...wait tomorrow for that.
Today is ranging days !
Guys, don't forget to smash that like button again, and share share, share.
Until tomorrow, have a great great day
BTCUSDT
Analysis TODAY 01/03/21 Lots of fear for nothing yesterday.
As i predicted in my daily analysis, yesterday, Bitcoin has been able to stay above the 44K resistence.
Thanks to those who rewarded me of their like button, as most analysts have been predicting doom and gloom.
Well.
Today is not much different.
Bitcoin is ranging and uncertain.
Fear is still dissipating slowly, but i would not be surprised if we revisit 44K resistance again, so be prepared to buy it agressively.
Fear is what you want to buy. ALWAYS
Also, i'm still having an eye and the bullish RSI divergence, that did not had any influence on the price action yet.
It could mean a strong bounce is yet to come to the 48600K resistance , but that's going to be the cherry on the cake, if it happens today.
I would say, ...wait tomorrow for that.
Today is ranging days !
Guys, don't forget to smash that like button again, and share share, share.
Until tomorrow, have a great great day
Comment:
That's unexpected.
Microstrategy aquisition has been bring some hype to this day.
I would still be extra carefull on a long at theses levels for a long.
Once hype starts to catch up, it's very hard to clearly pick a direction.
I would still expect a big retracement in the following 24 hours.