Bitcoin Breakout Latest This Weekend Be Ready To Trade
Bitcoin breakout by jeff remsburg , contributing editor oct 22, 2020, 7:51 pm est october 22, 2020 bitcoin is on the move … support and resistance points … where do matt and louis stand on. The first breakout came in december when bitcoin rallied above $20,000 for the first time ever. this sparked a social media frenzy as long term bitcoin believers rejoiced, and it kept right on going. The btc breakout continues as new bitcoin etf launches. our neighbors to the north beat us in legalizing marijuana. now they just beat us in one area of bitcoin. and by the way, bitcoin again set. To fully understand the significance of bitcoin’s breakout, we need to look at both the chart and some of the latest developments that show how important cryptocurrencies are becoming in our world. Bitcoin is over $11,000 currently and is working on that larger breakout. from here, i now want to see that prior resistance zone between $10,350 and $10,500 act as support. if that’s the case.
Bitcoin Breakout Soon When Will It Happen
The action in bitcoin over the last month is one of the most important cryptocurrency events ever. the breakout and follow through above $20k proves that bitcoin and many of the altcoins are here. Tesla announced two days ago that it bought $1.5 billion worth of bitcoin to “further diversify and maximize returns on our cash.”. the company went big, as that $1.5 billion is nearly 8% of. June 12, 2021 by luke lango and the investorplace research staff jun 12, 2021, 6:15 pm edt june 12, 2021 bitcoin (ccc:btc usd), and cryptos in general, have been stuck in a sideways trading.
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