I found this on trading view:
https://www.tradingview.com/chart/BTCUSD/EamcMylT-Bitcoin-posts-seven-consecutive-weeks-of-gains/
So it looks like in the last 7 weeks bitcoin is posting gains. Specially in the last week wherein we have a massive jump to more than 20%. Imminent incoming bull-run? Get ready with your meme HODL.
As at today we have a little retracement but bitcoin has refused to go below $5000. I think the support at $5000 is now stronger than when bitcoin was trying to break around $4250 last two weeks. I am happy that our hope is been awakining and it seems to me that now still remains the best time to invest in bitcoin and others cryptocurrencies. https://www.tradingview.com/chart/BTCUSD/EamcMylT-Bitcoin-posts-seven-consecutive-weeks-of-gains/
So it looks like in the last 7 weeks bitcoin is posting gains. Specially in the last week wherein we have a massive jump to more than 20%. Imminent incoming bull-run? Get ready with your meme HODL.
Bitcoin has found a new support at 5000$ and i hope bitcoin do not break this support. Many people were saying that bitcoin next movement will be below 3000$ etc, they all are silent after seeing this upward movement of bitcoins. We may see some retracements now because there cannot be all green candles forever, but bitcoin will not fall below 4800$.
As I have said, this $5k should be the new lows for now.
Yes, I also see that a lot of people are saying that the price would go below the $3k-$4k range but it seems that the market has improved a lot and investors are now slowly getting their acts together that why the price seems to be stabilizing at $5k so I don't think that we will go and fall in the next coming weeks.