A series of higher highs and higher lows over the past month is very bullish for Bitcoin. It is now testing critical resistance at $11,800. I have charted future resistance levels, but notice the big gap between $13,000 and $17,250. A move above 
13K is likely to be followed by a sharp rise back towards all-time highs. News flow has been overwhelmingly positive lately, transaction times and costs are down significantly with Segwit, regulators seem more open to crypto than previously imagined and a wave a new investors are about to step in, including massive amounts of institutional money. Good buy on a breakout above $11,800.
13K is likely to be followed by a sharp rise back towards all-time highs. News flow has been overwhelmingly positive lately, transaction times and costs are down significantly with Segwit, regulators seem more open to crypto than previously imagined and a wave a new investors are about to step in, including massive amounts of institutional money. Good buy on a breakout above $11,800.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.