Is the bullmarket finally back? It seems like this is the perfect time to say it’s likely. Everything is lining up perfectly, both technically as fundamentally. We can never be sure, but it didn’t look as good as now for over 7 months.
TA: – Inverse head and shoulders pattern ready to be confirmed
– Descending wedge/triangle looking strong, ready to be broken
(3th time testing resistance at ~$7500)
– Massive support at $5700
FA: – Bitcoin ETF possible
– Peter Thiel investing in Block One
– BlackRock investigating cryptocurrencies
– …
Not professional advice, simply my own view and opinion.
#bitcoin #cryptocurrencies
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