Before calling new ATH, firstly let’s see price closing above the highest weekly close.
If that happens to be today, it would automatically mean we have also the highest weekly close in history which adds up to the importance of today’s daily close.
Can we see the new ATH tomorrow?
Of course, we can especially of we see the highest weekly close in the month where we already have the highest monthly close.
But we also have a scenario where this will be triple top or head & shoulders (call it however you want).
It looks good for bulls but without confirmation, this can be the last move up before deeper correction towards the $15k area.
After today’s daily close we can get a way more clear picture of where we are going.
If that happens to be today, it would automatically mean we have also the highest weekly close in history which adds up to the importance of today’s daily close.
Can we see the new ATH tomorrow?
Of course, we can especially of we see the highest weekly close in the month where we already have the highest monthly close.
But we also have a scenario where this will be triple top or head & shoulders (call it however you want).
It looks good for bulls but without confirmation, this can be the last move up before deeper correction towards the $15k area.
After today’s daily close we can get a way more clear picture of where we are going.
It’s not over for bulls but this is testing the last support.
Yeah there’s the one below that caused the recent bounce but you don’t want to see XRP testing that area anytime soon because it would mean total disaster for this coin.
As I said, it’s not over for the bullish scenario but this is retracing too much making me worried that the move up we saw was nothing more but an exit pump.
Yeah there’s the one below that caused the recent bounce but you don’t want to see XRP testing that area anytime soon because it would mean total disaster for this coin.
As I said, it’s not over for the bullish scenario but this is retracing too much making me worried that the move up we saw was nothing more but an exit pump.
Bitcoin is currently in price discovery mode.
It’s at the highest price in history so predicting some targets is extremely hard.
We can go with round numbers calling 25k next target, then 30k but that’s it!
Enjoy the ride!
If you ever bought Bitcoin and didn’t sell, you’re in profit!
Be proud of yourself!
And I'm also proud because I can say that I called this scenario 2-3 weeks ago.
It’s at the highest price in history so predicting some targets is extremely hard.
We can go with round numbers calling 25k next target, then 30k but that’s it!
Enjoy the ride!
If you ever bought Bitcoin and didn’t sell, you’re in profit!
Be proud of yourself!
And I'm also proud because I can say that I called this scenario 2-3 weeks ago.
Forwarded from Crypto Signals
I think nobody expects something like this but technically looking, this seems very likely to happen.
If this doesn’t mean a new all-time high for Bitcoin, I would be even more convinced.
But because there’s a huge mental barrier because of 20k, I am a little bit conservative but this still looks like a possible scenario.
Let’s see what the first week of December brings!
If this doesn’t mean a new all-time high for Bitcoin, I would be even more convinced.
But because there’s a huge mental barrier because of 20k, I am a little bit conservative but this still looks like a possible scenario.
Let’s see what the first week of December brings!
Forwarded from Crypto Signals
We’re 12h from the highest monthly close in Bitcoin history!
I’m conservative when it comes to calling certain prices, but this time I see 25-30k coming in December!
Combining market sentiment where people are far away from experiencing extreme FOMO, monthly and weekly timeframes, the fact that this is the second green monthly candlestick in a row so we can easily see third or fourth.
These things may sound too basic for you, but who told you that technical analysis has to be complicated?
Those who don’t know how to interpret the market signs and then cover their charts with random tools just to look smart?
December is going to be lit!
I’m conservative when it comes to calling certain prices, but this time I see 25-30k coming in December!
Combining market sentiment where people are far away from experiencing extreme FOMO, monthly and weekly timeframes, the fact that this is the second green monthly candlestick in a row so we can easily see third or fourth.
These things may sound too basic for you, but who told you that technical analysis has to be complicated?
Those who don’t know how to interpret the market signs and then cover their charts with random tools just to look smart?
December is going to be lit!
If you’re here as an investor, don’t buy Bitcoin now!
It will go through correction time but once it does, make sure to buy it then, don’t be in fear of some random news that will be in the mainstream to fuel sell-off.
They create fear not to destroy Bitcoin but to shake out the weak hands and buy more Bitcoin for themselves!
Keep that in mind!
It will go through correction time but once it does, make sure to buy it then, don’t be in fear of some random news that will be in the mainstream to fuel sell-off.
They create fear not to destroy Bitcoin but to shake out the weak hands and buy more Bitcoin for themselves!
Keep that in mind!
The stability Bitcoin has at these prices is insane.
This makes me think we are still far away from the final stage of the move up.
Pretty insane!
And congrats to all of you who held through everything we went together.
Fake news, drama, fear, fud and much more…
But we made it!
This makes me think we are still far away from the final stage of the move up.
Pretty insane!
And congrats to all of you who held through everything we went together.
Fake news, drama, fear, fud and much more…
But we made it!
NEO holders could have a very tough year in front of them, something similar to what happened with XRP.
We need some miracle in the last few days of this month to happen in order for the NEO chart to looks better.
If we get close below the upper green area (current monthly support), we can easily see a sell off of roughly 50% in upcoming weeks/months.
We need some miracle in the last few days of this month to happen in order for the NEO chart to looks better.
If we get close below the upper green area (current monthly support), we can easily see a sell off of roughly 50% in upcoming weeks/months.
MicroStrategy today announced that it had purchased an additional approximately 29,646 Bitcoins for approximately $650.0 million at an average price of $21,925 per bitcoin. As of December 21, 2020, the Company holds an aggregate of approximately 70,470 bitcoins.
https://www.microstrategy.com/en/company/company-videos/microstrategy-announces-over-1b-in-total-bitcoin-purchases-in-2020
https://www.microstrategy.com/en/company/company-videos/microstrategy-announces-over-1b-in-total-bitcoin-purchases-in-2020
BTC smashed through its previous all-time high to find support above $23k for the first time ever. Meanwhile, on-chain fundamentals remain strongly bullish for BTC and other cryptocurrencies.
Bitcoin is nowhere close to its peak for this bull run either you look fundamentally analyzing market sentiment or technical measuring different indicators.
Get ready for a real explosion!
Not today, not tomorrow but in months to come!
Remember, the halving was 6 months ago and the biggest gains Bitcoin makes 18-24 months after halving!
2021 is going to be lit!
https://insights.glassnode.com/the-week-on-chain-week-51-2020/
Bitcoin is nowhere close to its peak for this bull run either you look fundamentally analyzing market sentiment or technical measuring different indicators.
Get ready for a real explosion!
Not today, not tomorrow but in months to come!
Remember, the halving was 6 months ago and the biggest gains Bitcoin makes 18-24 months after halving!
2021 is going to be lit!
https://insights.glassnode.com/the-week-on-chain-week-51-2020/
There are random alts that can make a short term profit and we should take advantage of those opportunities but when it comes to the long term, Bitcoin is still way ahead of others.
Personal opinions may make you think better but numbers never lie!
#Bitcoin 🚀
Personal opinions may make you think better but numbers never lie!
#Bitcoin 🚀