BTC came close to the 18500 support level, a slow move up to 19K+ is expected.
There is still no reason why BTC would go below 18k in the coming months, it's far more likely that will will break 21k or 22k first. Every time BTC gets dumped below 19k BTC wont stay there and goes above 19k within no time, this indicates that the real fomo pump is yet to come.
Lower lows are a common thing now for the dollar, we will see way more downside soon enough, because it's unlikely that we have hit the bottom here.
There was an attempt to get BTC under 18500 dollars, but that really didn't happen. The bears did not get further than 18700 and got violently rejected back to 19100+ This is good stuff and a bullish signal. Good luck to everyone!
BTC keeps testing the 18800 support, the bears don't seem to be able to break it. If the bears dont break 18800 today we will see 22k within 2 weeks.
Bitcoin is hanging stable above 19k, this is a very bullish sign. Only when the DXY will pump to 92, this can stop, but I believe the DXY is going much lower, we could even see 85 or 80 this year. There seems to be a massive sell off of the dollar into multiple pairs, this could be the beginning of hyperinflation for the dollar region.
We can really say that we are in a bullmarket again, its highly dangerous to short at any point under ATH, only mentally challenged people are shorting now! The dollar is free falling, it's not going to end.
We have a perfect golden cross for EOS, this does indicate that we can start targeting 5 dollars. There is still an immense amount of manipulation going on for EOS, but at some point the whales will run out of EOS to suppress the price.
The fact that BTC is going above 19k so often in a short period after repeated attempts to stop BTC with huge dumps, nothing seems to help for the bears. Bitcoin is going to pass ATH and there is nothing they can do about it.
Bitcoin is very stable around 18800, this seems to be the agreed price for now, its where we ended up after all this volatility. This is a great base to reach ath from.
A very bullish sign, we easily closed above 18k in november, that's really powerful. Bitcoin is doing great the chances of a 20k break within the week are huge.
You can still not call Bitcoin bearish, BTC performed great this year and i'm sure BTC will perform even better in 2021. The DXY is also falling and is making lower lows that we have not seen since 2018. A weak dollar is a great thing for BTC because we are almost at ATH.
The BTC whales seem to be creating maximum damage to the altcoins with this volatile pattern. This was to be expected it has been their MO for years. The alts are getting stickier although and less panicky, soon the whole market will move up probably, because BTC is showing extreme support in the 18k region now.
The alts we're going up so the BTC whales became angry again lol. This process can take a whole month, the resistance at 20k is pretty strong, although we luckily don't have a sharp top. As I said the faster the dump the more likely it is that its a scamwick.
Some already called ATH but I really want to see a clear 20k+ I hope we can still make it today since I predicted end november:P But else somewhere next week for sure.
It seems that the bulls made a giant trap for the bears, many bears are now over leveraged and in bad spot, they can become fuel for the journey to 30k.
We even made a higher high! We can expect to see 21k soon if we don't get bounced back to 18k, but that's highly unlikely.
The worst case scenario would be a lower high and retest of 15k, but that's really not likely at the moment. Another option is that we make a double top and get reversed at 19.5 k again to something like 17k or we are going straight towards 21k right now! Either way BTC is showing a strong V shape recovery and a big fat reject on the weekly is in.