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.
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.
Note
🅱️💾 Bitcoin (BTC) Detaches From The S&P 500 Index (SPX)
Note
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
Note
Bitcoin Weekly Update After Bullish ConfirmationWhat Happens If Bitcoin Breaks $13.88K? The Path To $20,000+
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Disclaimer
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