BitcoinLong
History repeating itself? (BTC-graph)
hello everyone!
After 3 positive days in a row, the bulls are back!
I want to talk about BTC and why I'm so optimistic for the near future. Let's get straight into this.
boilinger bands
The boilinger bands are telling us amazing news today, were history can really repeats itself ones again! if you look to the graph you can see that we are now nearing the floor of the boilinger bands, the last time we neared the floor in February and April, we've got amazing uptrends since then. The boilinger bands are telling us that the BTC is relatively low for the trend it's in.
possible resistance
For me the most challenging levels will be 9,4K an 10K, from there on we can make a big step and aim for 11,5K. It isn't helpful anymore to look down because I am convinced we doesn't have to look down anymore for at least a couple of days.
big investors
The big investors are coming in. BTC becomes more accepted in the economical space, it becomes more mature. The volatility is low in comparison with other crypto's, the market cap is relatively low. These are the perfect conditions for big investors to come in.
comments are always welcome
(this is no financial advice)
After 3 positive days in a row, the bulls are back!
I want to talk about BTC and why I'm so optimistic for the near future. Let's get straight into this.
boilinger bands
The boilinger bands are telling us amazing news today, were history can really repeats itself ones again! if you look to the graph you can see that we are now nearing the floor of the boilinger bands, the last time we neared the floor in February and April, we've got amazing uptrends since then. The boilinger bands are telling us that the BTC is relatively low for the trend it's in.
possible resistance
For me the most challenging levels will be 9,4K an 10K, from there on we can make a big step and aim for 11,5K. It isn't helpful anymore to look down because I am convinced we doesn't have to look down anymore for at least a couple of days.
big investors
The big investors are coming in. BTC becomes more accepted in the economical space, it becomes more mature. The volatility is low in comparison with other crypto's, the market cap is relatively low. These are the perfect conditions for big investors to come in.
comments are always welcome
(this is no financial advice)
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