Bitcoin Where To Now? $70K Resistance Possible Drop Below $60k
Cheers to everybody in Bitcoin and in cryptocurrency! Very exciting times to be in this space. It's always great to know that pretty much everybody in Bitcoin is profitable whenever Bitcoin reaches new all time highs!
Ideally we want to hold the $60,000 level for Bitcoin but dropping below $60,000 is always a strong possibility. I believe the first real major resistance for Bitcoin will be at $70,000 or in between $75,000 if we continue this uptrend.
We're pretty overheated on the daily oscillators indicating a pullback may be upon us. Support levels if we drop below $60,000 I'm looking at support around above $55,000. We're looking bullish on the weekly time frames in my opinion.
The fundamentals have gotten much stronger since the Bitcoin ETF which will enable a great amount of money to come into cryptocurrency in the coming months. Specifically into Bitcoin. I believe the next coming months will be very historic once again.
Much peace, love, health, and wealth!
Ideally we want to hold the $60,000 level for Bitcoin but dropping below $60,000 is always a strong possibility. I believe the first real major resistance for Bitcoin will be at $70,000 or in between $75,000 if we continue this uptrend.
We're pretty overheated on the daily oscillators indicating a pullback may be upon us. Support levels if we drop below $60,000 I'm looking at support around above $55,000. We're looking bullish on the weekly time frames in my opinion.
The fundamentals have gotten much stronger since the Bitcoin ETF which will enable a great amount of money to come into cryptocurrency in the coming months. Specifically into Bitcoin. I believe the next coming months will be very historic once again.
Much peace, love, health, and wealth!
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