After recently crossing a major resistance Bitcoin is likely in its way to develop a one year bull run cycle
This bull run also occurs at a decisive time in human history due to the Covid pandemic and consequent accelerated adoption of digital services and payments
This bull run has been preceded by a long 2.8 years of consolidation since the 2017 bull run, with the capitulation of late-comers of coin chasers
During this accumulation period market makers, whales, professionals, institutions, and hedge funds have accumulated Bitcoin
Similar to the previous cycle it is estimate that the new bull run cycle will last approximately 1.16 years, ending one year from now on November 2021
It is expected that at its peak one BTC may cost approx. 327k USD
Always use a stop loss if you enter a trade or invest in BTC or any financial instrument, because we never know what is going to happen in the markets, we can only speculate betting on one side (buy or sell) based on fundamental and/or technical analysis
If you like this idea thanks for your likes and sharing.
Happy trading!
This bull run also occurs at a decisive time in human history due to the Covid pandemic and consequent accelerated adoption of digital services and payments
This bull run has been preceded by a long 2.8 years of consolidation since the 2017 bull run, with the capitulation of late-comers of coin chasers
During this accumulation period market makers, whales, professionals, institutions, and hedge funds have accumulated Bitcoin
Similar to the previous cycle it is estimate that the new bull run cycle will last approximately 1.16 years, ending one year from now on November 2021
It is expected that at its peak one BTC may cost approx. 327k USD
Always use a stop loss if you enter a trade or invest in BTC or any financial instrument, because we never know what is going to happen in the markets, we can only speculate betting on one side (buy or sell) based on fundamental and/or technical analysis
If you like this idea thanks for your likes and sharing.
Happy trading!
Nota
Update 4: BTC about to get to $20k per unit, it was $3k not so long agoPenafian
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.