Bitcoin smashes through $20k, as expected
Bitcoin has spent zero days trading above where it is today
Think about that for a second.
Everyone who has ever bought bitcoin is now in the green, every single person.
I posted several days back that $17.6k was the low for this pullback and bitcoin would soon go higher.
Looks like I got one right!
I added some on that $17.6k dip, but not as many as I would have liked.
Though I called it as the bottom, a small part of me still expected that CME gap down to $17k to fill.
Well, unfortunately for me, my call was right and that gap never filled.
And now we are off to the races.
(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)
Bitcoin sliced through $20k like a hot knife through butter and looks to hold those prices going forward as evidenced by the huge volume spike.
Now $20k should act as our new support level with the price not likely to dip back below it any time soon.
If you want to see more about my amazing prognosticating skills, browse these beauties:
https://leofinance.io/@jondoe/btc-looking-like-a-double-bottom-at-usd17-6k-new-highs-incoming
I still think the price isn't going to dip below $20k any time soon.
In fact, based on the little pullback we just had, I think the price is going higher very soon.
I make my living as an English teacher, not an economist, so take this with a whole shaker-full of salt, but my expectations are different.
I expect this to peak at 23K and then crash hard, again. I do not agree that 20K is a new level of support.
We shall see what we shall see, but this smells like manipulation by the majors to me. The timing is just too suspicious.
I feel like we have spoken in the past and you were bearish then as well, only to be proven wrong. I think this time will be similar. :)
interesting view, thanks for sharing it
Everyone is entitled to their opinion. Odds favor this not being the case though.
Hello @jondoe, about your Tron, you can deposit tron into your Nexo account, and use the Tron as collateral to get either money or Tether. Nice way to buy more BTC using your free tron at a low interest rate. Here is my link if you want to try it.
(https://nexo.io/?u=5ca7381d0f76b836a0133a14)
I just transferred it to bittrex from my tron wallet and bought more STEEM with it and powered it up. Helps me earn even more tron in the future!
I hope Steem will profit with this BTC rise. Unfortunately I still see BTC dominance growing over altscoins.
It looks like we are in for a nice ride with Bitcoin! let's enjoy it...
Yep. Hopefully steem follows at some point though.
Thanks for sharing this information.. I like your profile.
Thanks.