#BTC : Block out the noise. We're far from finished! Each dip presents a new opportunity. You FOMO when the market's green, but turn sceptical when it's red. That strategy won't cut it.
Finally! We saw a daily close on BTC at $66.6k, which is above the resistance trendline. This indicates a possible move towards a higher resistance level at $70k.
Now, here's the real question:
Are we going to see BTC hitting its all-time high?
Yes, it is likely possible, but before we jump to any conclusion, let us try to understand the chart briefly.
David Bailey says, “there are over 50 million Americans that own #Bitcoin … that is a massive voter block”
“The Democratic Party is misaligned with the public and we’re hoping by making ourselves heard in this election, we’ll make ourselves heard in all the future elections also.” 🇺🇸
[Bitop Review] Price Analysis for July 17: Bitcoin Surpasses $66,000, Ethereum Breaks $3,500! Bitcoin breaking above $66,000 and Ethereum briefly surpassing $3,500 this morning around 9:00 AM. With the market in such a bullish sentiment, what should you do? The Bitop market analysis team brings you BTC and ETH analysis today, combining a variety of technical analysis perspectives. Full article:
BlackRock CEO Larry Fink has acknowledged Bitcoin as a legitimate financial instrument in an interview with Jim Cramer.
“I was a proud skeptic, and I studied it, learned about it, and I came away saying, okay, you know, my opinion [for] five years was wrong,” Fink said about his previous skepticism.
Fink emphasized Bitcoin’s potential as a hedge against currency debasement: “It is a legitimate financial instrument that allows you to have maybe uncorrelated, non-correlated type of returns.”