nathan_haimahn

As been said a month ago, BTc either with break its psychological resistance level and will fly to the sky, or it will be swimming somewhere in between 30,000 and 33,000. As for now it has to be the craziest and least smart thing to do, to start selling or shorting btc. Definitely a good thing to do is to buy even more and more at levels of 36,000 and it seems that it won’t drop lower than that even during the Santa Claus rally. If we would look at a day trade situation than, buying at 36’s and selling at around 37,500 would be an optimal situation. There are few reasons to that, the whales are always looking to cut some hamsters off and those would be sitting to get 38,000 and pretty much would start jumping of the boat from fear that’s the top btc will get till the end of the year, fortunately according to all of the looks now, it’s not even close to high especially taking a fact we have passed 21st of November, the day when btc always dropped the the most. Stay tuned…

Bitcoin halving… Not something new, but still take a look at the charts of the last two halvings, what’s the major difference ? 1st halving when BtC price was in around 350$ to 1,000$ and jumped up to 19,000$ just a year after, was just a hype. No body believed that some crypto currency would do something like that big. Outcome: Bitcoin got down to 3,000$ and slowly risen up to 7-8k$ in the next 3 years. 2nd halving is when bitcoin got to 12,000$ pretty easy, a year after it, why ? Since people understood and saw, it is here and it is here for long, so you can trust IT(BTC). What we see after ? Elon Musk is killing it bringing BtC to 67,000$ with a hype again, strange isn’t it ? Just like in 2017 it(BTC) went, where it could be and went down where it should be to 23k. Now we are experiencing a third halving. When people don’t trust the banks and see the markets during wars collapsing… sooo what do we see now ? BtC support levels were around 22,000$ and resistance was around 25,000$, but the price we see now for over a week of 34,000$ is pretty much not even new support or resistance but just a safe zone to buy more. Than we could see 40k zone that will become a new support level and 45,000$ should be its resistance level for around 6 month after halving will be done…