BTC OVER 3800!
The bulls took control overnight and made a rally of almost 200 USD to 3840!
You can see the closings above the band signaling an overbought market, a correction is expected but the bulls would want to take it to 4000 first.
Let's go to the 4 hr chart where a channel marks us support around 360 and resistance just above 3900. Again overbought closings.
BUT WAIT
Shorter term charts (30 mins and 15 mins) show a market consolidating gains ready to go up again.
30 min support in 3800
Resistance in the ATH: 3840
Will it hit 4000 this weekend? Is there any bear left? COMMENT BELOW!
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Waiting for correction to 3400 on monday!
There are speculaton in everal quaters it could reach 5000usd by december and it very well could the attention and drive currently in the crypto space is wild and not slowing down any time soon. Is a bubble brewing? Yes i think it is but we would most likely still see phenomenal things on the ride to the burst.
Hang unto your seats and fasten your seat belt.
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I had not expected it to jump like that after the fork... thought it would still be around 2900 right now.
will it go over 10,000$?
There are people saying it could get even to 1 Mill! I wouldn't dare to forecast in that much longer term, i think that getting to a steady $5,000 by the end of the year would be great and healthy
Amazing, I am in love with bitcoin ♥ ☺ ♥
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