Bitcoin - The Bigger Picture
Hi,
This is my second analysis of BTC in upcoming days or weeks.
I have seen a lot of people saying BTC will go back to 20k, 25k and even 10k too. They are saying because BTC crashed back in 2016-17. That time, only a few people were into cryptocurrencies.
We should be bullish at this moment but the current circumstances won't let the bull run happen.
BTC hit first ATH on 14-Apr-2021 with a price of 65,000 USD and got back to 28,000 USD in a month. Those people who bought the BTC started selling like there's no tomorrow.
Again, in the same year, BTC touched the price of 69,000 USDT and retraced to 34,000 USD but this time, it takes almost two and half month. You all know why-
because people realise the potential of Bitcoin and other crypto currencies
more and more support from Big corporates and Government.
Now coming to the point, we are still in the Trend and I am still bullish .
Thanks
This is my second analysis of BTC in upcoming days or weeks.
I have seen a lot of people saying BTC will go back to 20k, 25k and even 10k too. They are saying because BTC crashed back in 2016-17. That time, only a few people were into cryptocurrencies.
We should be bullish at this moment but the current circumstances won't let the bull run happen.
BTC hit first ATH on 14-Apr-2021 with a price of 65,000 USD and got back to 28,000 USD in a month. Those people who bought the BTC started selling like there's no tomorrow.
Again, in the same year, BTC touched the price of 69,000 USDT and retraced to 34,000 USD but this time, it takes almost two and half month. You all know why-
because people realise the potential of Bitcoin and other crypto currencies
more and more support from Big corporates and Government.
Now coming to the point, we are still in the Trend and I am still bullish .
Thanks
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