Bitcoin Price May Hit 26K Again

7 months ago (Edited)

Even Bitcoin price is trying to go up, there are lots of thing that hold the arm of Bitcoin not to go up!
I shared lots of bullish price analysis for Bitcoin. I am still very bullish for Bitcoin but we need a few time to see..

Before big bullish trend Bitcoin price may hit 26K USD again. It is very important level for Bitcoin and It should not break down this level not to destroy bullish trend...

Here you can see daily chart of Bitcoin and there is downtrend line is broken up. Even it is broken up, Bitcoin price may touch again this resistance to get supported..

I circled daily indicators of Bitcoin and they are on the top and reversed.. So, Bitcoin may enter downtrend to hit 26K again...

The World is also complicated. So, market is not ready and not supported for bullish trend.

Here you can see monthly chart of Bitcoin and Same Indicator is also reversed from the top. We need to wait a few months to enter bullish trend..

I am waiting a market move as covid crash. The World is complicated and something may be the trigger for crash..

We will see November!

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4 comments

@poshthreads 74

7 months ago

https://inleo.io/threads/chorock/re-chorock-26asjzb9u
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@pixresteemer 71

7 months ago

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@hivebuzz 74

7 months ago

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@toluwanispecial 62

7 months ago

It won't be a surprise seeing btc reaching 26k once again. The market isn't stable and the possibility of us seeing surge isn't certain. We should rather prepare to buy more once it dip.

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