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Forwarded from Crypto Signals
I think nobody expects something like this but technically looking, this seems very likely to happen.

If this doesn’t mean a new all-time high for Bitcoin, I would be even more convinced.

But because there’s a huge mental barrier because of 20k, I am a little bit conservative but this still looks like a possible scenario.

Let’s see what the first week of December brings!
Forwarded from Crypto Signals
We’re 12h from the highest monthly close in Bitcoin history!

I’m conservative when it comes to calling certain prices, but this time I see 25-30k coming in December!

Combining market sentiment where people are far away from experiencing extreme FOMO, monthly and weekly timeframes, the fact that this is the second green monthly candlestick in a row so we can easily see third or fourth.

These things may sound too basic for you, but who told you that technical analysis has to be complicated?

Those who don’t know how to interpret the market signs and then cover their charts with random tools just to look smart?

December is going to be lit!
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The 50 Bitcoin  blocks from early miners are worth $1m+ so the number of Bitcoin millionaire addresses has skyrocketed.
When in doubt. Zoom out.
#Bitcoin 
Bitcoin just hit $24 000 🔥🚀
If you’re here as an investor, don’t buy Bitcoin now!

It will go through correction time but once it does, make sure to buy it then, don’t be in fear of some random news that will be in the mainstream to fuel sell-off.

They create fear not to destroy Bitcoin but to shake out the weak hands and buy more Bitcoin for themselves!

Keep that in mind!
The stability Bitcoin has at these prices is insane.

This makes me think we are still far away from the final stage of the move up.

Pretty insane!

And congrats to all of you who held through everything we went together.

Fake news, drama, fear, fud and much more…

But we made it!
Elon is doing what he’s best at 🤣🚀
NEO holders could have a very tough year in front of them, something similar to what happened with XRP.

We need some miracle in the last few days of this month to happen in order for the NEO chart to looks better.

If we get close below the upper green area (current monthly support), we can easily see a sell off of roughly 50% in upcoming weeks/months.
👀
EOS is about to test the lowest support area on the chart.

Yes, I do expect a bounce, something similar to what we saw with XRP but there should be a miracle to reverse this bearish trend!

Bounce is possible and we’re most likely going to trade that bounce but only as a short-term trade opportunity.
Bitcoin taking a dip today but it already bounced in the safe area.

Wouldn’t be surprised if we see this week a new attempt for ATH.

I don’t think we saw the final stage of the move up yet!
MicroStrategy today announced that it had purchased an additional approximately 29,646 Bitcoins for approximately $650.0 million at an average price of $21,925 per bitcoin. As of December 21, 2020, the Company holds an aggregate of approximately 70,470 bitcoins.

https://www.microstrategy.com/en/company/company-videos/microstrategy-announces-over-1b-in-total-bitcoin-purchases-in-2020
Almost half a billion worth of longs were liquidated today across all cryptocurrency exchanges with Binance being a leader with more than $220 million.
BTC smashed through its previous all-time high to find support above $23k for the first time ever. Meanwhile, on-chain fundamentals remain strongly bullish for BTC and other cryptocurrencies.

Bitcoin is nowhere close to its peak for this bull run either you look fundamentally analyzing market sentiment or technical measuring different indicators.

Get ready for a real explosion!

Not today, not tomorrow but in months to come!

Remember, the halving was 6 months ago and the biggest gains Bitcoin makes 18-24 months after halving!

2021 is going to be lit!

https://insights.glassnode.com/the-week-on-chain-week-51-2020/
There are random alts that can make a short term profit and we should take advantage of those opportunities but when it comes to the long term, Bitcoin is still way ahead of others.

Personal opinions may make you think better but numbers never lie!

#Bitcoin 🚀
$900 Billion Stimulus on the way, Inflation is around the corner, Bitcoin is safe heaven🥳.

The money printer seems no stoppage this year, a recent US congressional leader has finalized a deal on a nearly $900 billion stimulus package that includes relief for small and medium-sized businesses and direct payments for American households suffering economically amid the coronavirus pandemic.

It’s been estimated that The USD has fallen 7% this year and 35% of US dollars have been printed in the last 10 months. The big banks, institutions, payment gateways & institutional investors are looking for Bitcoin as a haven to hedge against inflation, which is expected by this recent move by govt.
What is happening right now with XRP is something we all should be aware of!

Guys, 99% of cryptocurrency projects are not cryptocurrencies! I don’t know why so many people fail to realize this!

They are simple startups using crypto as a hot niche to try to bring more investors. They are not cryptocurrencies!

If this happened to XRP, this can happen to any other decentralized project (read 99% other coins).

No technical analyst will predict something like this.

There’s no support that will stop the fearful crowd from selling!
2024/09/30 15:30:28
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