Over the past few weeks we have seen an incredible surge in bitcoin price, we have been closely monitoring its levels and fundamental support, and with so much uncertainty surrounding the current market place from US election and Covid to Brexit.. is the crypto currency the new safe haven?!?.
In reading various analysis posts we find a common average for the bulls putting the near future price at around $30k! whilst the bears seem to think it will create new support around the $13-$14.5k level. Either way ones thing for sure, this massive move up cannot be ignored and in our opinion provides real evidence this coin is only going one way. If you can afford to buy and hold for the next 6-12 months that would be our recommendation.
In reading various analysis posts we find a common average for the bulls putting the near future price at around $30k! whilst the bears seem to think it will create new support around the $13-$14.5k level. Either way ones thing for sure, this massive move up cannot be ignored and in our opinion provides real evidence this coin is only going one way. If you can afford to buy and hold for the next 6-12 months that would be our recommendation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.