Bitcoin || Will it Cross $25k This Week ?
Hi everyone, hopefully you are fine and having fun with your family and friends.
We saw Bitcoin performed very nicely in the last week as it successfully crossed $24000. That was pretty much Bullish. Bitcoin maintained good support at 24k even after Tesla sold its 75% of Bitcoin holdings.
Bitcoin stayed above $24k in the last week for a while , now it is back to $21700 and is struggling for $22k again. Resistance at $24k is already broken once so we can see a nice pump in Bitcoin price which may push its price above $25k.
Tesla CEO Elon Musk also told reason for selling its Bitcoin holdings. He said the company sold 75% of its bitcoin holdings to maximize its cash position.
Well, personally i Don't think it's good time to sell Bitcoin at current price. Bitcoin sellers will regret in the future. Better to Hold your bags and let the weak hands go out.
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@coolguy222 is a full time crypto trader and content creator on hive blockchain. He loves to make new friends.
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