Bitcoin price can touch 39k
Updated
Hi everyone,
Bitcoin price has reached 37400 price as was expected in my previous idea. As was expected BTC didn't manage to break this resistance from the first attemt and its price dropped up to 35000 for short period of time. After that drop Bitcoin price pumped on 8% just in one day and again touched its local high at 38000.
There is a good chance that Bitcoin will rise up to 38600 - 39000 area.
But one thing to remeber is that that at this point there is highly unlikely that BTC price will rise higher than 40k. It's more likely that after some time of consolidation we will see some price correction on Bitcoin up to 33000 - 31000 area.
So bulls should be very careful at this point.
Please, do not forget to boost this idea & share it with your friends; thanks.
Bitcoin price has reached 37400 price as was expected in my previous idea. As was expected BTC didn't manage to break this resistance from the first attemt and its price dropped up to 35000 for short period of time. After that drop Bitcoin price pumped on 8% just in one day and again touched its local high at 38000.
There is a good chance that Bitcoin will rise up to 38600 - 39000 area.
But one thing to remeber is that that at this point there is highly unlikely that BTC price will rise higher than 40k. It's more likely that after some time of consolidation we will see some price correction on Bitcoin up to 33000 - 31000 area.
So bulls should be very careful at this point.
Please, do not forget to boost this idea & share it with your friends; thanks.
Note
Bitcoin bounced back from 38k resistance and dropped under 36k for some time.At the moment it's trading above 36k and this is good news for bulls.
I indicated possibilty of price correction, so everything goes as expected so far.
Note
Bitcoin is back on 37k and currently is trading just above that level.I guess there will be new attemt to break 38k on this week.
Say tuned.
Note
Bitcoin broke 38k resistance and set a new high for the year at 38400.Unfortunately, BTC price didn't manage to hold above 38k but still trading above 37400 which is good for the bulls.
I think that Bitcoin can set new high for the year.
Note
Bitcoin price almost reached its yearly high at 38400 but didn't manage to rise haigher than that.At this point there is still good chance that BTC price will pump higher than 38400 and set new yearly high but in order to do this its need more positive news from the media.
Let's see if Bitcoin manages to set new yearly high.
Note
Bitcoin set new yerly high at 39000.Target set in this idea has been reached but I think that BTC price can rise even higher.
At this point need to be more careful as BTC price can go in to correction.
Note
Bitcoin broke 39k level and rose up to 39700. Good thing is that its price didn't drop afterwards and stayed above 39k.
42k next?
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