Lot of room to the upside...
Bitcoin broke the first resistance and now has room to the $28k-$30k range
Bitcoin has broken the first resistance area is look like it is going to go for a lot more.
We are currently trading over $24k, but I am seeing room to the $28k-$30k range.
Check it out:
(Source: https://twitter.com/rovercrc/status/1621139120276865024/photo/1)
We are likely to put in some sort of giant cup and handle pattern, with the cup being completed already and the handle likely to represent a slight pullback before the next surge to that $28k area I mentioned above.
This is the best bitcoin has looked in well over a year.
I don't think this chart setup is going to die easily...
Upvoted! Thank you for supporting witness @jswit.
Yes, it's a bullish sign especially with the high value of the Greed and Fear index :
https://steemit.com/hive-101145/@cryptobuller/bullish-signals-in-the-crypto-market-what-the-greed-and-fear-index-can-tell-us