In May/June 2022 Bitcoin stopped its decent to challenge the $30,000 level as support. It took more than a month before this support level broke, followed by new lows.
Fast forward to present and Bitcoin is facing $31/$32,000 as resistance, it will soon be a month.
Bitcoin will continue to challenge this resistance until it breaks, followed by new highs. We will see an inverted repetition of past action.
As a resistance level continues to be challenged, over and over, weaker and weaker it becomes.
This is true for the current resistance between $31,000 and $32,000.
It is a great time to be a Bitcoin bull.
Ripple wins, Cryptocurrencies for the public are not securities... Everything is set to grow, strong!
Keep an eye on the ALTSBTC pairs, these are about to make their debut. Altcoins season.
Namaste.
Fast forward to present and Bitcoin is facing $31/$32,000 as resistance, it will soon be a month.
Bitcoin will continue to challenge this resistance until it breaks, followed by new highs. We will see an inverted repetition of past action.
As a resistance level continues to be challenged, over and over, weaker and weaker it becomes.
This is true for the current resistance between $31,000 and $32,000.
It is a great time to be a Bitcoin bull.
Ripple wins, Cryptocurrencies for the public are not securities... Everything is set to grow, strong!
Keep an eye on the ALTSBTC pairs, these are about to make their debut. Altcoins season.
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.