Post
Topic
Board Speculation
Re: Is Bitcoin about to see a strong upward move - Analyst
by
eaLiTy
on 21/02/2020, 16:26:50 UTC
According to Melker, BTC must cross one more crucial level of resistance at $10,584 to confirm a trend reversal. BTC last touched that level back in October of 2019.
This is not a revelation as halving is yet to happen and we will see the price of BTCitcoin breaking the resistance point at some point this year or next year and then as we usually see after the halving the price usually tries to break the all time high valuation and how long it will test and break those higher resistance levels is to be seen as the stakes are different this time around, either way expecting the market to move higher by next year.