Last week BTC weekly candle closed by 18627$. But as we can see this week BTC is showing a bullish pattern. But still, this week does not end, So what are you guys thinking about this week's BTC moving? Will it break up or down last week candle?
Only one sure thing we'll have, we'll get unknown answer for this week. Just to sum it up, have yourself be positioned in what you're thinking. If the weekend will have it favored to btc then what you're gonna do rightaway? Are you gonna sell or not?
IMO, it won't matter what we'll have in the weekend because it won't change a thing for bitcoin as a volatile asset.
With the recent pumps of the market, I am not expecting we will fall below $19,000 this week. If you take a look, we are fighting the $21,000 level.
If ever we will not fall below $20,000 this week, I am expecting Bitcoin is creating a support level of $20,000 and it is good thing so that it will help not to reach the $18,6000 anymore.
Well, let's hope for the best this week and it won't be falling anymore under $19k or $20k. That would be a good time to think about if an upcoming pump will come, many are unprepared. Staying at $20k for many weeks/days seems decent and looking good.
Just a few more days away until this week ends and then we'll see how it shall end but still, as I've said, it won't really matter for the long term.