๐จ BITCOIN BREAKS US$80,000 ๐
After several attempts, BTC finally managed to surpass one of the marketโs most important psychological zones.
And now it gets interesting ๐
๐ Bullish scenario: if US$80K turns into support, we could start looking at US$90K โ US$100K โ US$120K.
๐ Bearish scenario: if it quickly falls back below US$80K, we could be seeing a false breakout and a correction.
But personally, I like the scenario thatโs being built as long as BTC keeps holding above.
It doesnโt mean it will go up in a straight lineโcrypto is never like thatโbut breaking resistance of this size changes the picture quite a bit.
Are we seeing the start of another bullish leg? ๐๐
$BTC #bitcoin #crypto #BTC
After several attempts, BTC finally managed to surpass one of the marketโs most important psychological zones.
And now it gets interesting ๐
๐ Bullish scenario: if US$80K turns into support, we could start looking at US$90K โ US$100K โ US$120K.
๐ Bearish scenario: if it quickly falls back below US$80K, we could be seeing a false breakout and a correction.
But personally, I like the scenario thatโs being built as long as BTC keeps holding above.
It doesnโt mean it will go up in a straight lineโcrypto is never like thatโbut breaking resistance of this size changes the picture quite a bit.
Are we seeing the start of another bullish leg? ๐๐
$BTC #bitcoin #crypto #BTC