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News: 1,000 Bitcoin Buy Wall May Bolster Bull’s Attempt to Push BTC to $10,000 − 稼げる投資系口コミ情報サイト【Trade Center】
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Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=1%2C000%20Bitcoin%20Buy%20Wall%20May%20Bolster%20Bull%E2%80%99s%20Attempt%20to%20Push%20BTC%20to%20%2410%2C000
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Crypto tags:
#BitcoinNews #CryptoNews
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Transcript:
0:00:00 1,000 Bitcoin Buy Wall May Bolster Bull’s Attempt to Push BTC to $10,000
0:00:06 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.
0:00:12 After facing a significant amount of selling pressure that resulted from its recent drop below $10,000, Bitcoin’s bulls have stepped up and are now attempting to push BTC back into the five-figure price region.
0:00:24 This upwards momentum has been bolstered by a massive BTC buy wall on Binance and a bullish fractal pattern that may suggest that the crypto’s next parabolic movement is imminent.
0:00:34 At the time of writing, Bitcoin is trading up nearly 3% at its current price of $9,850, which marks a decent sized surge from its recent lows of nearly $9,300 that were set last week.
0:00:48 Ever since Bitcoin plunged from its 2019 highs of $13,800, it has consistently found strong support in the $9,000 region, and the duration of each dip below $10,000 has been relatively short.
0:01:01 That being said, it is highly probable in the short-term that $10,000 will act as a key resistance level, and any decisive break above this level could lead the cryptocurrency to surge significantly higher, although it still remains unclear as to whether or not bulls currently have enough strength to push the crypto towards other key resistance levels.
0:01:19 Inmortal Technique, a popular crypto analyst on Twitter, mused the possibility of a potentially bullish fractal pattern in a recent tweet, showing that BTC may surge well past $100k in the coming years.
0:01:32 “Make your own conclusion,” he concisely noted while referencing the below chart.
0:01:37 Make your own conclusion.
0:01:38 In addition to strengthening technical formations, Bitcoin’s current bullishness could be bolstered by a massive 1,000 BTC buy wall that is currently on Binance.
0:01:48 Thanks for checking out this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.
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