BTC IMPORTANT UPDATE! WHAT'S THE NEXT MOVE?

8 ต.ค. 2021

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Welcome to this important update on BITCOIN. BTC perfectly followed my last analysis and currently, it is trading around 54K and holding 54K level since yesterday which is quite good for bulls' perspective. Maybe we see a bounce from here and BTC reached the 59K level.

However, there is strong support at 53k which is very important to hold by the next weekly close. If we break down this 53k support then BTC might revisit at $49-50k level.

If you haven't bought BTC yet then I recommend putting your buy orders between 49K-53k. I think that is the last time when we see BTC at 50k after that we will see a big move. BTC hasn't started its parabolic move which we used to see in its previous bull runs. I'm expecting BTC to reach at least 100k in this bull run.

What do you guys think about this?
What price do you expect to reach for BTC in this bull run?

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Also, share your views in the comment section.

This isn't financial advice. DYOR before investing.

Thank you!