For the first time in nearly 3 years, Bitcoin has pushed above $19,000. The OG cryptocurrency soared about $20,000 back in December 2017, but was met with a bear market and a (mostly) dismal performance in 2018 and 2019.
Now, Bitcoin is teasing its bulls, having shown nearly consistent bull trends for the last few weeks. Will we see an all time high soon?
https://bitcoinchaser.com/bitcoin-above-19000-heading-to-new-all-time-high/Even with the fall, price didn't stop going up afterwards, we are really in a situation where we are going very high no matter what happens in between. Persisting is very important and I believe it is at that moment right now. I really hope that this increase will not stop again, last time we reached a peak of $19k+ and that was really something special for us since we got literally only 1-2% away from the all time high price, we were way too close to quit and we did just that, stopped and went down.
This time around I am really hoping that we can actually stop with all of that and instead move into something higher and break ATH, it is not guaranteed but price not keep going down gives me more hope right now than we had previously when we first tried to broke it.
There is no really guarantee in trading because in trading it is about probabilities, there is no sure profit because there are risks. Having a new ATH can become true and it has high probability because we are in uptrend where the emotion is greed and a lot of people are buying because they expect that the price will create higher highs. Even though the general market sentiment is bullish, we should still give care in our risk management for us to have confidence and not be nervous in executing our trades. The current candle is not good because there is a wick but it does not mean that there will be another dump; I just expecting that the price will retest in the support again before it finally gains momentum to break the ATH.