BTC time for a run...

14 มิ.ย. 2019

Bitcoin is now pushing above key 8350 resistance, and a retest of 9000 looks likely. If that breaks btc looks poised to run to 9800-10000. What is fueling this? Tether that was printed, and as you can see in the related bitcoin dominance idea the bleed and death of alts. As dominance rises and money flees alts, it will provide the gas for bitcoin to run up and break some of these resistance levels. Long BTC. Key support is 7500. As long as that level holds the chart is super bullish. If 7500 fails then we can talk about a larger correction and first likely area would be 6800-7000, but until that happens and 7500 is breached, BTC is very very bullish.