Bitcoin Technical Analysis

in #news6 years ago

Bitcoin is looking good at the moment, a little over bought but it looks like we will push through this resistance and find a new resistance level before the momentum turns.

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There hasn't been any real news since the last article we put out the other day, but the Bitcoin ETF is whats on the minds of many investors. If this ETF goes through I think we can easily make $10,000 for one Bitcoin before the end of August, if it does not, hold onto your hats the ride is going to get scary. The author of the below article seems to believe that the Bitcoin ETF will happen with near certainty.
https://theicojournal.com/source-bitcoin-etf-nearly-certain-to-win-approval-later-this-year/
Well lets keep our fingers crossed that it gets approved and we climb on board this next bull cycle.

I am not a financial advisor and this is not financial advice, invest at your own risk.

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Hi.
we all hope that bitcoin will pass the 10 thousand barrier as soon as possible and everything seems to be so, but we must be cautious and calm with the ups and downs of the cryptocurrency market.
Greetings from Venezuela

Greeting my Venezuelan friend, I agree patience is key. I think the price in the long run will be super high, but if we want to see a good short term I believe this ETF must go through.

Good info. @embomb. Nice job. Thanx.

Thanks friend, I appreciate the positive feedback.

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