Bitcoin just SMASHED our local resistance at $44k! Is this bullish, HELL YEAH. What is even MORE bullish is that this renewed momentum may allow us to break out of the most important resistance on this chart right now... the $52k level.
If we manage that, then a new ATH is in the cards and $100k is very likely before the end of this year!
It's not often when BTC pumps 10% a day, but I have a feeling we may get a new season where this will happen quite often again.
The bullish bias is very strong, particularly as today we did a bullish cross on MACD on daily timeframe! This is a very good sign!
We will likely break above $52k and then volume will be huge which will quickly take us above our current ATH, similar to early 2021.
Enjoy the ride and remember that in such instances, Bitcoin may outperform altcoins... because everyone will sell their shitcoins to buy the ONLY coin that matters, the king, the BITCOIN.
Even El Salvador is now mining Bitcoin using VULCANO Geo-Thermal energy! Read that again. This is huge.
Like and follow if you liked this idea!
If we manage that, then a new ATH is in the cards and $100k is very likely before the end of this year!
It's not often when BTC pumps 10% a day, but I have a feeling we may get a new season where this will happen quite often again.
The bullish bias is very strong, particularly as today we did a bullish cross on MACD on daily timeframe! This is a very good sign!
We will likely break above $52k and then volume will be huge which will quickly take us above our current ATH, similar to early 2021.
Enjoy the ride and remember that in such instances, Bitcoin may outperform altcoins... because everyone will sell their shitcoins to buy the ONLY coin that matters, the king, the BITCOIN.
Even El Salvador is now mining Bitcoin using VULCANO Geo-Thermal energy! Read that again. This is huge.
Like and follow if you liked this idea!
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