BTC/USD Wants to All Time High
After the dump down failing to touch 20k or even the previous ATH level, Bitcoin has found support along a weekly at $16599.99 and when everybody was calling short that's where you should've longed.
Now we can see that BTC is in a bullish swing upwards after reversing and doesn't indicate any signs of slowing down just yet.
At the very least, Bitcoin is going to touch $18953 monthly resistance level, if not the previous ATH at $19666 as well.
After Bitcoin closes above it's previous ATH prices there are no more resistance levels in its path on the way upwards and the closest support level would be the all time high resistance turning support. Once this happens, the FOMO into the cryptocurrency market is going to be unheard of.
TP1 🎯 $18953
TP2 🎯 $19666
TP3 🎯 $20000
This has been one crazy rollercoaster ride these past 3 years waiting for this day to come, but we made it. Everybody reading this now I salute you for being an early adopter in cryptos and wish you all the best because Bitcoin is about to pump. This last dump was to stop out over-leveraged longs and shake out the weak hands.
We just had the weekly close and tomorrow will close out the monthly candle offering new opportunities for a pump and Bitcoin looks primed for it.
As always please do your own research, I am not a financial advisor.
Now we can see that BTC is in a bullish swing upwards after reversing and doesn't indicate any signs of slowing down just yet.
At the very least, Bitcoin is going to touch $18953 monthly resistance level, if not the previous ATH at $19666 as well.
After Bitcoin closes above it's previous ATH prices there are no more resistance levels in its path on the way upwards and the closest support level would be the all time high resistance turning support. Once this happens, the FOMO into the cryptocurrency market is going to be unheard of.
TP1 🎯 $18953
TP2 🎯 $19666
TP3 🎯 $20000
This has been one crazy rollercoaster ride these past 3 years waiting for this day to come, but we made it. Everybody reading this now I salute you for being an early adopter in cryptos and wish you all the best because Bitcoin is about to pump. This last dump was to stop out over-leveraged longs and shake out the weak hands.
We just had the weekly close and tomorrow will close out the monthly candle offering new opportunities for a pump and Bitcoin looks primed for it.
As always please do your own research, I am not a financial advisor.
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