What is going on with Bitcoin?
We seen Bitcoin top it's yesterday high at $13,837.70 it is starting to appear on the charts as a spike geared towards 14k However we could shortly see the price retreat closer towards the 12,900.00
I am hoping on breaking through the 14k barrier and moving straight ahead. We could see a new All Time High within the next 2 weeks if the surge repeats itself like December.
I can't really say what we will see here within the next 12 to 24 hours however I am feeling pretty positive right now towards Bitcoin. I know we having financial uncertainty with 2 out of 3 of the stock exchanges being down almost .8% which is pretty major.
Then at the same time we are seeing a spike in various markets like Bitcoin which tends to be more rewarding easily manipulated by major investors and social media. We see a lot of major driving factors right now towards Bitcoin.
I have honestly been waiting years to see the amount of progress that Bitcoin has made within the last 5 months. I really can't see Bitcoin ever ceasing to exist. I do believe that Bitcoin itself is critical to success of crypto at the rate we are seeing right now.
People whom have been on the outskirts for years are watching right now the same as they did back in December. Now I would estimate that at least 25% of those people are trying to catch a piece of the action right now.
I never claim to be a professional financial advisor and I do not offer these articles as a means of investment advise. These are my own opinions. I honestly think what we are seeing at this particular moment is 3 peak phase.
I think we are starting phase 2 of the 3 peak phase. I have seen a lot of stocks go through what appears to be a 3 peak phase. I have seen Bitcoin fluctuate with the stock market in odd ways lately with major investors switching into crypto markets.
Like I said the above views are my own, not investment advice just a theory I have been working on since March of this year. I think more investment firms are holding Bitcoin then ever imagined especially since the last all time high that we seen.
My Final Thoughts
Right now can be a very rewarding time to get into Bitcoin however depending on when you enter and when you exit you could lose a lot of money or make some major gains. I know we have had Crypto traders that have been day trading Crypto for a long time now.
They good ones make great money. We also have companies that claim to have A.I. trading bots that automatically place trades based upon past market data as key indicators towards future market behavior.
I don't think include such things a social influence in to the A.I. which makes it hard for me to trust the validity of those programs however I am going to start testing a few sites. I would like to find one that actually pays off.
Thanks for reading, God Bless and Stay Healthy!
now 40k+ hahahha