Recently, Bitcoin managed to break key resistance levels, and especially the 'iconic' 10.500 level.
The news that American banks are going to provide custody services for cryptocurrencies is more important than most traders believe. The uptrend is still very strong, and unless there is a major negative fundamental event, Bitcoin is heading for 13,400-13,850 in August 2020.
BTC Today: $11,070
Targets for 2020:
(1) 11,450 - 11,550
(2) 13,400 - 13,850 (very Important as above this level BTC will create a macro high)
(3) 16,000 - 16,200
(4) 19,500 - 20,000 (very Important as above this level BTC will create an all-time high)
Mid-Cap:
Strong uptrends and a lot of room for BCH and EOS.
G. Protonotarios
The news that American banks are going to provide custody services for cryptocurrencies is more important than most traders believe. The uptrend is still very strong, and unless there is a major negative fundamental event, Bitcoin is heading for 13,400-13,850 in August 2020.
BTC Today: $11,070
Targets for 2020:
(1) 11,450 - 11,550
(2) 13,400 - 13,850 (very Important as above this level BTC will create a macro high)
(3) 16,000 - 16,200
(4) 19,500 - 20,000 (very Important as above this level BTC will create an all-time high)
Mid-Cap:
Strong uptrends and a lot of room for BCH and EOS.
G. Protonotarios
Qexpert.com -George Protonotarios