You would have expected a sharp pullback of about 10 % or 20 % if this was the top. Apparently 29k+ doesn't cause any panic selling yet, I guess everyone understands now that BTC in time will go to 60k no matter what happens.
Happy new year guys!! We still have 4 hours to close BTC above 30k, this will be difficult, but not impossible. We could trigger a fomo wave and break the final binance walls. I do have to say that i see a small increase in resistance, so caution is advised. Good luck in 2021 everyone!
People will start selling at these levels, but it doesn't mean that BTC won't go trough 30k very soon! The area between 29.400 and 30.000 is the main resistance. Either way, a happy new year to everybody!
We can see 30k pretty soon, we did have a small reject yesterday, but we are hanging stable above 28k, thats obviously very bullish.
BTC is holding the 26k level easily. There is a little consolidation going on, but that isn't very serious. As soon as we break the 27200 level fomo will start again.
I expect BTC to move sideways here for a little while and afterwards it will move up to 30k usd!
EOS has been in a tight downtrend since the price of 24 dollars. EOS is worth 4 % of the ATH value in BTC. As soon as EOS would break the downtrend the price could fly to 10 USD and far beyond! EOS breaks the downtrend when the price hits 4 USD.
Wauw this is actually great, you would expect BTC to implode but those days are over, believe it or not but BTC is still undervalued! We can see a BTC of 100k at the end of 2021 or 2022, so how expensive is 26k really? There is only one thing sure in trading and that is that the FED printer will go BRRRRT! :)
So far so good, but we do have to be careful the daily candle looks ugly and sharp if the price stays here. Either way if we fall through the support the next support level of 24k will be more powerful. Most of the alts are still deep in a bear market, possible the BTC dominance will start to fall now and money will flow into the alts. ( although that isn't very...
I expect to maybe test the 26 k support a little bit further, before we continue the parabolic uptrend.
Congratulations all we are taking over the fiat currency system! :D We can pump all the way to 30k with this speed lol. Maybe some bumps on the road but nothing major expected, we are going into full fomo mode soon.
We did have a little reject at 24600, but how much is that really from 24600 to 24000, about 2.5 %? What is important is that we broke through a resistance that we have been failing to breach in the last couple of weeks. Bitcoin is mega bullish. Bogdanovv and the crew are using the SEC to wreak havoc in the altcoin market. Ripple is indeed a strange coin and the...
EOS was falling for no reason other than that people had huge cross margins open between EOS and Ripple and due to liquidations on ripple EOS started falling to. In fear this caused more panic and the price fell lower. And a correlation dump between EOS and ripple began. Finally on Okex, EOS reached a low of 1.90 and on HUOBI 2.00 . Eos also has hit its lowest...
The area below 23k has been tested over and over again, the price doesn't want to stay there, the demand is to big. We can expect a full test on 25k zone soon, either way there is a powerful resistance at 24k at the moment, but I don't expect that to hold, since we are in price discovery mode.
It seems that we are going to 25k soon. The rejections of under 23500 are very strong.
The best news BTC had since the last stimulus! Another stimulus package! It may seem like a small amount but for a family of 5 its still 3000 USD, this will further weaken the dollar and empower crypto. The last stimulus created this endless uptrend for btc, now we can continue. The last stimulus was also great for the altcoins. All the news about XRP, I wouldn't...
BTC has rejected sub 23k prices, there is still a danger of a lower high reversal or a double top reversal, although the last two options don't seem to be very likely, the bulls are in control.
Bitcoin is doing fine, but the altcoins market is not doing great overall, this can cause the BTC price to drop back to the ma99. Officially BTC is still bullish, but watch the 22k zone, if it gets taken out we can fall back to 20k.