Vince

Bitcoin Growing Up

Long
BITSTAMP:BTCUSD   Bitcoin
As Bitcoin matures we have seen it through it's toddler years and the early adopters. I purchased in 2013 but was not that aware of the potential. Then we experienced the 2017 FOMO run and another collapse as we had a great shake out of the crap altcoins. Now however we have the Banks and Wealthy looking to own BTC. With a breakout of the 20,000 mark there is NO overhead resistance, no old pain waiting for a breakeven. This is blue sky, the banks want in and the wealthy, the masses will be slow and come in late like normal. It will be great if it builds a new bse off the 20K breakout. This will allow a bigger move up. This project to over $32,000 is based on the monthly cup formation and the macd looks strong. I used July with the current sloping trendline and expect it to hit this by year end of 2021 but could be there much sooner.

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