is BITCOIN now back on track?

in #bitcoin2 years ago

Bitcoin bulls seem to start pushing back, and since the resistances at 11,800$ - 12,000$ were attacked multiple times now, and pushed Bitcoin back a bit, this time will probably be different.

There is lots of institutional investors actively adding BTC to their portfolio as well as mainstream companies and people.

At the time of writing BTC is trading around the 11,450$ area and defending that positions, and this time when bulls gain track i believe BTC will push above 12,000$ to 12,500$ resistance and then it has a clear path to 17,000$.

Current market status is completely FOMO, all it needs is a push and we will see new ATHs for BTC and alts.

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