Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight.
As per my previous chart, we have broken 48k resistance, on the way to 85k.
Now the trend lines on this chart is showing a potential area of resistance which is sitting around 90k. I do expect a pullback to 48k before a blast off to 150k+.
I will assess with my trendlines and fundamentals to see how price moves.
Good luck and trade safe my fellow soon to be millionaires.
As per my previous chart, we have broken 48k resistance, on the way to 85k.
Now the trend lines on this chart is showing a potential area of resistance which is sitting around 90k. I do expect a pullback to 48k before a blast off to 150k+.
I will assess with my trendlines and fundamentals to see how price moves.
Good luck and trade safe my fellow soon to be millionaires.