Post
Topic
Board Bitcoin Discussion
Re: BTC next target 😉
by
gabbie2010
on 24/12/2020, 12:11:29 UTC
30k i guess?we are almost in the hallways of 25k meanign at any moment this will be broken anytime soon.
There are new investors that bought Bitcoin more than 20k in value and this is really a good implication that our market showing the legitimacy people wanted to see before totally depend on this.
And there is already a strong resistance @$24k,so, this will be more difficult to brake into easily as we have seen Bitcoin price movement lately. I would agree with anyone on this if there will be more institutional investors trooping into Bitcoin for investment. Also, we should watch Bitcoin hit the price of $25k before considering it next movement.
That resistance at $24K look strong for now price tend to break it twice on daily chart while almost 5 attempts on 4 hour chart but got rejected the resistance proved to be very strong one the same price action also played out when the price attempted to break the resistance at $20K but eventually broke it and rallied to $24K the next price resistance should be $30K when it will be reached remained unpredictive for now however I disaggreed with some analysis that the price will pullback to $10K just like events of 2017.