Update: Is Bitcoin Going Parabloc? - Yes
Last time I made a similar post about Bitcoin's parabolic behaviour, we were still below 15k. Only 11 days later and we might already be hitting 17k soon.
Bullish sentiment is higher than ever. Together with the stock markets, Bitcoin profits from the US elections and the reduction in uncertainty. Pair this bullish sentiment with the constant addition of USDT into the market and we have a recipe for parabolic growth.
The next minor resistance is around 17k. Consider taking some profits there. If the price manages to beat the 17k resistance like it did with the 14k major resistance, there's nothing stopping Bitcoin from reaching 20k again.
Bullish sentiment is higher than ever. Together with the stock markets, Bitcoin profits from the US elections and the reduction in uncertainty. Pair this bullish sentiment with the constant addition of USDT into the market and we have a recipe for parabolic growth.
The next minor resistance is around 17k. Consider taking some profits there. If the price manages to beat the 17k resistance like it did with the 14k major resistance, there's nothing stopping Bitcoin from reaching 20k again.
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