Oh yes - gamblers aplenty are punching the air. I have little doubt now that BTC will hit 20,000 (or more) soon. Even 21,000 is possible. This does not mean that it will get there. Price could make a significant correction right now before moving north again.
Almost every time the RSI has hit 90, there has been a sudden and significant correction.
To be clear, corrections do not mean that price will head to rock bottom.
I am not bearish on Bitcoin. As some will see from my other posts, I've said that it could reach $30,000 by 2024. I'm out of it, because I do not like the sort of volatility I see.
Komentarz
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Potential killzone approaching (this is not advice).
If I was a market maker I would plunge down to 14k, ideally 12k, then have a smooth ride up to 20k +
jch888
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Volatility is a fundamental factor in breaking resistance/support and performing large moves. Check the BVOL, its actually very low right now. Seems there is a lot of disbelief and this 'could' propel BTC to approx 25-30k. I would think there would be a large pull back to approx 14-15k afterwards though, maybe as far as 12k. Alternatively it could fall to 14-15k now before attempting 20k to gain additional momentum.
purongski
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for me maybe it will make cup and handle for the next next month.
callyrob85
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Hahahaha
didogetsov
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Look I’m new so just have a look
didogetsov
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No agree whit this lineas not matching same back years