Broke through the ATH,
Bitcoin finally broke through and instead of creating a double top.
I think now we will see another bull run for Bitcoin with a few pullbacks but I doubt it will hold it back. Like I said in my last post when I was Neutral waiting to see if It was going to create a lower high or would go for the moon. Seems it took the moon path and will continue to push forth, in my opinion 6000USD will approach very quickly.
My concern (as I like to evaluate when I post) is that with the Bitcoin hard forks are people just buying Bitcoin or reverting back to BTC for the promise of free Bitcoin Gold etc. I'm still trying to find more information about that (please comment below if you know about that and links if you have them) as I've read a few different things and it seemed like most people writing were confused about if the hardforks are giving free coins like what happened with Bitcoin Cash.
Anyway Bitcoin will heading up and towards Christmas it'll get an extra pump. Since 2012 when I started trading I always noticed a surge towards holiday season.
I threw this together quickly so hope you don't mind I will start putting some extra time in again soon.
I think now we will see another bull run for Bitcoin with a few pullbacks but I doubt it will hold it back. Like I said in my last post when I was Neutral waiting to see if It was going to create a lower high or would go for the moon. Seems it took the moon path and will continue to push forth, in my opinion 6000USD will approach very quickly.
My concern (as I like to evaluate when I post) is that with the Bitcoin hard forks are people just buying Bitcoin or reverting back to BTC for the promise of free Bitcoin Gold etc. I'm still trying to find more information about that (please comment below if you know about that and links if you have them) as I've read a few different things and it seemed like most people writing were confused about if the hardforks are giving free coins like what happened with Bitcoin Cash.
Anyway Bitcoin will heading up and towards Christmas it'll get an extra pump. Since 2012 when I started trading I always noticed a surge towards holiday season.
I threw this together quickly so hope you don't mind I will start putting some extra time in again soon.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.