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What Happens If Bitcoin Breaks $12490? Where To Next? $17,000?
Bitcoin
What Happens If Bitcoin Breaks $12490? Where To Next? $17,000?
By AlanSantana
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Updated
Oct 21, 2020
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Oct 21, 2020
Bitcoin (BTCUSD) is now facing resistance at $12490, which is the last peak hit back 17-Aug.
If this level is conquered, meaning that BTCUSD moves and closes above it, we will see $14,493 as the next target.
But, if instead this level can't be conquered, we will continue to see additional consolidation.
Breaking above this current resistance also opens the door for $17,736.8 and higher...
What About The Altcoins?
The bullish wave we are expecting for the altcoins market is now 100% guaranteed... Patience is key.
The more Bitcoin grows the better it is for the entire market.
Namaste.
Oct 21, 2020
Comment
🅱️💾 Bitcoin (BTC) Detaches From The S&P 500 Index (SPX)
Oct 21, 2020
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News release relevant to this article.
PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency
newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency
Oct 21, 2020
Comment
Bitcoin Weekly Update After Bullish Confirmation
What Happens If Bitcoin Breaks 13.88K? The Path To $20,000+
Beyond Technical Analysis
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