FieryTrading

Bitcoin: Accumulation Before Another Jump

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Since late October, we have seen an amazing surge in the value of Bitcoin. The surges usually don't last long, maybe a day or so. After this exponential growth, Bitcoin enters a phase of consolidation where it "cools down" a bit, and where the whales can accumulate. This has happened for the last five quick surges. You reckon it will happen again?

Every surge comes with an increase in Bitcoin's value of 30-35 percent on average. Assuming we will be entering a consolidation phase, I see the next surge bringing Bitcoin to a value of over $34,000. Be aware that the $30,000 resistance might be quite a hurdle to take.

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.