Bitcoin Overcoming It’s Resistance Level A Possible Bullish Run

In the past weeks bitcoin has been able to performance has been a bit appreciated as it made touch with slightly trading at $18k, and over all we are looking at it making a recovery move after the current bearish market run.

source

Michaël van de Poppe is in the position that if bitcoin is able to break past a major resistance we might experience a rally. In he’s YouTube interview which he is telling he’s active subscribers and viewers that;

“We get a smackdown towards $17,500 to $17,700. That is the range where you want to start buying and then we can see continuation. The moment we crack the crucial resistance, which is the area at $18,300, we are back into this range and most likely we start overshooting quite fast… so then I’m definitely looking at $21,000 continuation here. Potentially even higher.”

He’s target prices are 17,500 at lost and if bitcoin is able to hold or create a new support level, then we are about to witnessed a bullish run for the primary digital asset.

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance ^Beta