Over the weekend, Bitcoin moved higher. It is now targeting $50K. We will see what happens if it gets there.
Yep, that 50K level is acting like a magnet now!
Ah, you've gotta love human beings and our predictable ticks.
Check out this updated Bitcoin chart with just simple support/resistance lines drawn at the major 00 psychological levels:
All the way up, those 00 levels are respected, for no other reason than because they're easy for the human brain to get excited about.
As soon as 50K goes, I can't see it taking long to reach 100K Bitcoin.
Posted Using LeoFinance Beta
Yea those psychological levels always throw me off. Sometimes I can't figure out whether or not I should just use known levels of supports or the psychological numbers.
Posted Using LeoFinance Beta
Wow. That's great to know. Can't imagine what will happen once it reaches 100K. People are going to go crazy and then start investing in it. 😂
I am BTMFD but there seems to be no dip so I am buying daily in tiny bits.
Posted Using LeoFinance Beta
What do you mean there was no dip?
We dipped 50% from 60K in April, to 30K in July.
You had 3 months to BTMFD ;)
But as we haven't even come close to making a new high yet, we're still technically inside the dip.
So keep MFB-ing!
Posted Using LeoFinance Beta
LOL, that's true. Anything below ATH is still cheap. Bitcoin is programmed to go in one direction in long term. ✌ Safest bet in crypto.
Posted Using LeoFinance Beta