Possible targets of Bitcoin!!
Bitcoin is moving towards the main resistance level of $70 thousand again. 60 thousand is the main support, 65 is the intermediate resistance, and 70 thousand dollars is the main resistance. If there is a large breakout, a rise towards 80 thousand dollars is expected.
I say this clearly, no one should expect 50 thousand dollars. The consolidation phase between 60 thousand dollars and 70 thousand dollars is now completed. I hope bitcoin rises with dominance. Then, a retreat in dominance, which becomes horizontal, triggers an increase in altcoins. Especially major altcoins that fail to deliver as expected.
Examples of these are; arb,phantom,sei,vet,curve. The highest expectations are in these coins. There is still time for the rise of ripple and cardano, the 2 highest quality altcoins. Quality projects are at the purchasing point. It is beneficial to have only 10 percent in cash.
NOTE: Automatic fill-in-the-blank on the keyboard mistakenly wrote 65 thousand dollars as intermediate support instead of intermediate resistance and 70 thousand dollars as main support. I corrected it quickly.
YTD
#Bitcoin
#DeFi
#web3
#ETH
#Binance