What Happens If Bitcoin Breaks $12490? Where To Next? $17,000?

Bitcoin (BTCUSD) is now facing resistance at $12490, which is the last peak hit back 17-Aug.

If this level is conquered, meaning that BTCUSD moves and closes above it, we will see $14,493 as the next target.

But, if instead this level can't be conquered, we will continue to see additional consolidation.

Breaking above this current resistance also opens the door for $17,736.8 and higher...


What About The Altcoins?

The bullish wave we are expecting for the altcoins market is now 100% guaranteed... Patience is key.

The more Bitcoin grows the better it is for the entire market.

Namaste.

Commentaire:

🅱️💾 Bitcoin (BTC) Detaches From The S&P 500 Index (SPX)

Commentaire:

News release relevant to this article.

PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency
newsroom.paypal-corp...-Sell-Cryptocurrency

Commentaire:

Bitcoin Weekly Update After Bullish Confirmation

What Happens If Bitcoin Breaks $13.88K? The Path To $20,000+