Bitcoin- I expect a violent break above 20k

13 ธ.ค. 2020

In yesterday's comment, I said that [url=]I expect a new all-time high from Bitcoin by year's end, but the most important crypto seems in a hurry...
After yesterday's break above short term resistance around 18.300-18.500 BtcUsd has risen above 19000 and now is hovering just under ATH.
From a technical point of view, Bitcoin looks like is creating an ascending triangle with resistance at around 19500.
A dive to 18500 is not out of the question, to complete this patter, but I expect this to be short-lived and this support to be well defended by buyers.
Also, in my opinion, if we indeed assist this break, BtcUsd could rise pretty quickly and reach 22.500 zone