After finding strong support and demand in 30k zone, Bitcoin rebounded again and people are calling again for new ATH and 100k, but how bullish is Btc? From a technical perspective, not at all... The main crypto is still trading under 42k zone strong resistance at this point and even a break here would not change the bear trend, just expose 47k zone. Indeed, short-term traders and speculators can look for buy opportunities, but from a "hodl" perspective Bitcoin is still at a high price. Just my opinion though...
after a green day a red is coming the last 2 months.
btc can brake k43 ressistance only with a good tweet from facebook or something.
THere are tons of sell orders there.
k43 ressistance seems stronger than k59 ressistance last week.
all want to buy btc at 30-37 range but after 40 everyone is afraid that institutes will dump it again and they sell.
its good profit also if you bought it at 30-35 and sold this at 40.
Btc has nothing to offer if you want its price to go up someone must tweet about this that he bought this a famous 1 and not elon mask or sayler they cant push the price more btc needs new super rick people to tweet.
strong alt coins have smart contacts updates and things like this to push the price.
btc is working with tweets its ponzie it needs more people to buy this so the older owner can make a profit and ratail traders are smart now they wont buy this at 40 so institutes make profit
game is changing and i see etherium eating btc very soon.
Mihai_Iacob
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@oacen13, thanks for your comm:)
alyoop13
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@Oacen, Great insight. I've been thinking about this as well. I just recently read that Apple is hiring blockchain engineers. Maybe that will help push the price of crypto in general. Apple has a lot of cult following.
btc can brake k43 ressistance only with a good tweet from facebook or something.
THere are tons of sell orders there.
k43 ressistance seems stronger than k59 ressistance last week.
all want to buy btc at 30-37 range but after 40 everyone is afraid that institutes will dump it again and they sell.
its good profit also if you bought it at 30-35 and sold this at 40.
Btc has nothing to offer if you want its price to go up someone must tweet about this that he bought this a famous 1 and not elon mask or sayler they cant push the price more btc needs new super rick people to tweet.
strong alt coins have smart contacts updates and things like this to push the price.
btc is working with tweets its ponzie it needs more people to buy this so the older owner can make a profit and ratail traders are smart now they wont buy this at 40 so institutes make profit
game is changing and i see etherium eating btc very soon.