THE FURY OF #BTC IS IT GOING UP OR DOWN
As I indicated in my recent post, BTC after hitting above my $70k price target began to decline fast due to many traders not wanting to miss out on fast liquidation triggered by market uncertainties. It then rocked the $49k bottom & provided a nice opportunity to get in at a relatively cheaper price for both alts & Bitcoin.
And following from that point, BTC pumped to $55k price area perfectly as I pinpointed & started to consolidate in between the $54k & $56k yesterday.
The Flagship Cryptocurrency, Bitcoin, has once again pumped to retest $57.2k some few hours ago. And this is just a test of the waters! ๐ฅ๐More fire ๐ฅ is on the way coming as I have indicated using the arrow on the chart below.
From now & going into the rest of August, BTC is gonna work it's way up to $60k, $65k until it reaches the $70k - $73k major resistance levels once again. But whatever the case maybe, that level will also be nullified in time. (Will share updates on the later).
So, let's not relent, instead let's continue to hold our respective precious coins firmly while we focus on the super ride๐ that's on the way coming as we ply the rest of August, September, October & head into November & December to complete the 2024 year! It'll be epic! And if you continue to hold till Q1 of 2025 you will be very glad you listened to me & you'll definitely tip me with some of your profit. ๐๐๐๐ป๐ฅ๐๐๐๐ธ๐ธ๐ถ๐ถ๐ค๐ป๐๐ HODL = Gold
