#Bitcoin a little bearish and the market is shaking again,

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MihaiDanielBMK

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#Bitcoin a little bearish and the market is shaking again, as long as $63,000 holds as a support it is not a big problem, there is a little stress on the altcoin, it is normal. Don't panic!

#Bitcoin  a little bearish and the market is shaking again, as long as $63,000 holds as a support it is not a big problem, there is a little stress on the altcoin, it is normal. Don't panic!

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.

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MihaiDanielBMK

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#bitcoin on 12 hour time frame is above 200 moving average wich is at 59.700$ if it manage to stay above that value we are back in the game! Still we must be very cautious, the market is not yet is the safe zone

#blackrock currently holds 273,824 #Bitcoins $16.3 billion, probably waiting to go to $20,000 🤪. Fidelity Custody have 260,000 bitcoins in custody by comparison in cold wallets #Binance in 4 mega wallets holds 469,559 Bitcoins.

Good morning ✅ As long as #Bitcoin doesn't drop below $55,000 I'm very confident that we have a chance for Bitcoin to rise above $80,000, what I don't want under any circumstances is to drop below $50,000, if that happens $74,000 is possible be the temporary top of this bull market. Altcoin season could be different from public expectations.

For the bearish people , I tell you know that #Bitcoin have far more chances to go to 100.000$ than to go to 25.000$, the average price for bitcoin in the last 200 days is 50.000$ and we are 18% above that average, the 365 days average value is 34.284$

#Bitcoin zoom out a little to understand halving! July 2016 halving, after 519 days in December 2017 Bitcoin has an increase of 2805%, i.e. 28x. May 11, 2020 a new halving followed by an all time high on April 16, an increase of 646% in 339 days What we notice is that after the halving we have increases, we notice that from one halvinf to another the growth of Bitcoin was more weighted and the time shorter. What I expect from here is at least a 200% ie a 2x at this price level.

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