#BITCOIN looking promising for a RISE above 20K!
The BTC breakout is looking very healthy for a run above perhaps 20K!
Recently BTC has turned into a bullish posture and showing some great signs of life.
Part of my day is T/A and studying of various assets, here on NERDAY I will do my job to share Crypto related updates as well. All of us here love CRYPTO and all the nerds know how it will be taking over the world :-)
By having a great rebound above the MA25 AND MA7 #bitcoin has put itself in a great upwards slope and looking to at the very least test 20K in the coming days/week.
A push above 20K would in my view be short lived, and ultimate we're looking for what we can call a "sustainable" 20K.
There is a big difference to hit high targets of 20K to even 21K, but staying there would be a different matter.
The fundamentals are looking great for bitcoin at the moment and I believe we might have some fireworks in the coming week.
I will keep you updated with my T/A for the NERDAY members!
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