Do you think bitcoin is going to moon after 1 day ETF trading that much bitcoin price up 4.2% . Grayscale, the world's largest digital currency manager, said it plans to convert its Grayscale Bitcoin Trust (GBTC.PK) into a spot bitcoin ETF
This is what happen in next week. Predict 3 type of situation is going to happen.
If we break break above 65000, we can see all the way to the golden ratio 1.618 which the price will drop on 88,000 that is possible
But, if it form double top, and the market retrace. Then we can see bitcoin is going back to 55000 or even 45000 which is 2 strong support line. And, the market bounce from here.
Even we know it not going to happened again for bitcoin to go back to 20,000. If really happen, then the price could go all the way b ack to the previous breakout which is 20,000 .
Follow me to update you the market according to fundamental and emotion.
If you look to the monthly chart or weeklychart. Its really bullish right now. Good luck!
This is what happen in next week. Predict 3 type of situation is going to happen.
If we break break above 65000, we can see all the way to the golden ratio 1.618 which the price will drop on 88,000 that is possible
But, if it form double top, and the market retrace. Then we can see bitcoin is going back to 55000 or even 45000 which is 2 strong support line. And, the market bounce from here.
Even we know it not going to happened again for bitcoin to go back to 20,000. If really happen, then the price could go all the way b ack to the previous breakout which is 20,000 .
Follow me to update you the market according to fundamental and emotion.
If you look to the monthly chart or weeklychart. Its really bullish right now. Good luck!