Bitcoin price aspire to the moon.
Hi guys, let's review the current situation on Bitcoin.
Yesterday Bitcoin price started sharp rise and most likely it was reaction on the news that BlackRock filled an application with SEC for Bitcoin ETF. Also, other large institutions like Fidelity and Citadel launched Bitcoin exchange EDX. All these positive news for Bitcoin provoked price surge.
In my previous post I indicated 27300 as main target since I wasn't sure if price will go down to retest 25250 or will go up to test next resistance at 28k. But it seems like Bitcoin didn't even notice these two resistance and went straight to 29k. At this point it's important for BTC price to stay above 28k to gain stength to go to next resistance at 29600-30000. I expect some correction from 29k up to 28300-28000 and after that go back testing 29k and above.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
Yesterday Bitcoin price started sharp rise and most likely it was reaction on the news that BlackRock filled an application with SEC for Bitcoin ETF. Also, other large institutions like Fidelity and Citadel launched Bitcoin exchange EDX. All these positive news for Bitcoin provoked price surge.
In my previous post I indicated 27300 as main target since I wasn't sure if price will go down to retest 25250 or will go up to test next resistance at 28k. But it seems like Bitcoin didn't even notice these two resistance and went straight to 29k. At this point it's important for BTC price to stay above 28k to gain stength to go to next resistance at 29600-30000. I expect some correction from 29k up to 28300-28000 and after that go back testing 29k and above.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
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🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
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.
✅ FYBIT exchange. I recommend. No KYC, available in all countries. fybit.com/Account/Register/OMNP5
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
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.