BTC passively broke out from the descending channel and confirmed buyers within the 38-37000 range. Continuation of this could lead to a breakout or more resistance from sellers at the upper range of what appears to be a bull flag. A strong daily close would confirm an upwards reversal. FOMO could lead to a complete breakthrough on the initial bounce. On top of...
Many projecting retracement below $38k but bulls holding this support will result in an earlier bounce back into 40-42k resistance and even a break out from there. Watch close for the daily close. COINBASE:BTCUSD
Hello dear friends. Is it possible now to see the price of 38,000 per bitcoin on such a market, or still wait for a big correction? Write your opinion in the comments. I have NEW preliminary CME targets for January 2021 have appeared on the market. They look like this: 🤑 Upper limit 38200 - 34400 🤑 Lower limit 26400 - 22600 What does it mean? So this...