Price made a lovely push from my area marked with yellow box on my chart, i posted this analysis last week if you want to go back and check my chart! This was from the 3rd touch of the trendline which normally results in a big bounce and we also had a lovely support area which met our trendline... this one bounced price all the way to new highs! Let me know if you got on it.
Now we have broke the 62000 level i can only see price pushing higher. Bitcoin has the backing of some very big businesses now and the world is slowly moving towards a digital currency which will cause more people to invest in bitcoin. Also when a big move like this happens everyone that is not already invested in bitcoin wants to join the part so they all get in which pushes the price even higher! I actually saw my dog buying bitcoin the other day.
If you would like to know more about how and where i invest or if you would like to know about my simple trading strategy then drop me a message and i will be happy to help you.
Peace out.
Now we have broke the 62000 level i can only see price pushing higher. Bitcoin has the backing of some very big businesses now and the world is slowly moving towards a digital currency which will cause more people to invest in bitcoin. Also when a big move like this happens everyone that is not already invested in bitcoin wants to join the part so they all get in which pushes the price even higher! I actually saw my dog buying bitcoin the other day.
If you would like to know more about how and where i invest or if you would like to know about my simple trading strategy then drop me a message and i will be happy to help you.
Peace out.