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Bitcoin has broken out of the 12k resistance and this time it isn't a fakeout. All the while, it has only hovered and touched 12k failing to break that level.

If we can maintain at a week of 12k, the next resistance that Bitcoin has to break through is going to be 14k. I have confidence that Bitcoin is going to be at 20k to 28k this year end.

https://cointelegraph.com/news/bitcoin-price-hits-13-month-high-of-12-200-liquidating-22m-shorts?utm_campaign=14649147&utm_source=sendpulse&utm_medium=push

22 million shorts have been liquidated. I don't think its a good idea to bet against anything and its currently bull run that could end maybe by next year end 2021. There is going to be a slight correction this year end that may send many in panic thinking that the boat's sinkin. It's good to always have a plan and read alot. No matter if its the bears or the bulls, we have to just stay put and look at the bigger picture.

According to Plan B's stock to flow model which calculates the price against the total supply of Bitcoin, we are going to see Bitcoin probably going upwards to a 100k by next year end and 288k in 2024. Then we may have wars.

We have to keep our minds open always

No bias thoughts but rational thinking. Sometimes, we are our own enemy. We tend to believe something that is actually wrong but we think its correct because we believe it. Stay safe and stay invested. Let's all suceed in this. Hive is forming a bowl shaped price pattern that I've seen for the first time in my entire life. Maybe it's forming a cup and handle pattern.

@luueetang

Breakout - we have liftoff

We have to keep our minds open always