Bitcoin Breakout – En Route to 34k (and Higher)
Bitcoin breakout in the making as the price is exiting the ascending channel and breaking over the 30k again.
Key psychological level as any Big Rounded number (well, maybe not so big when it comes to Bitcoin as we expect it to eventually go much higher).
You have to watch our Video earlier today as we feel it was a GREAT educational one:
At the same time, our Big Chart shows BTC on promising/key support so this could be the beginning of a new Bitcoin rally:
Think about it this way:
Crypto crashed, Luna died (in comma with 60 strokes anyways but hoping- probably another rug pull coming up) but Bitcoin is still, agai, over the 30,000$ mark in a market that for many is ‘time to buy’.
A lot of those ‘stable coin fellas’ will start looking (or going back) to Bitcoin for ONE specific reason:
It is safer because it has purposes.
Call it Utility or intrinsic value, I call it just Bitcoin because it is so many things in one.. Bitcoin is the King.
One Love,
the FXPROFESSOR
ps. market is volatile. You see a red dotted line in our chart. taht’s where we start being careful again.
