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Bitcoin price action moves with steamroller force to record highs by lupafilotaxia

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· @lupafilotaxia ·
$4.08
Bitcoin price action moves with steamroller force to record highs
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<center><img src="https://i.postimg.cc/XYkpYjmH/Captura-BTC4324.jpg"/></center>
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<div class="text-justify">The last 24 hours have been crazy for the cryptocurrency market, this if we take into account the proximity of the Bitcoin at the time of writing at $68,474, which has filled cryptocurrency advocates with excessive euphoria. </div>
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<div class="text-justify">And beyond the high probabilities of surpassing the historical maximum in the following hours, the certain fact of seeing the historical maximum fall before the Bitcoin Halving is something that creates a very positive environment for the rest of the year, since there is a possibility of surpassing the milestone of $100,000 before the end of this year. </div>
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<div class="text-justify">On the other hand, and according to appreciations socialized in an article by William Suberg "Get ready for tight ETF buying at USD 69,000, Coinbase circuit disruption and flash dump on the same day again. Same roadmap as last Monday. Today is easy, the rest of the week will be tough." </div>
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<div class="text-justify">For his part co-founder of Material Indicators Keith Alan, "We are seeing a classic Cup and Handle pattern forming on the macro chart from the historical peak," and "For this pattern to form, we would need to see at least some sort of pullback from the double top at the historical peak. Technically it doesn't matter if it is a 3% correction or a 30% correction to form the pattern, as long as a handle forms." </div>
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<div class="text-justify">However, "The caveat to this idea is that it is quite predictable, so the market may not give us the easy trade because it likes to punish as many overleveraged traders as possible"</div>
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<div class="text-justify"><h3>SOURCES CONSULTED</h3></div>
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<div class="text-justify"><strong> Cointelegraph. </strong> BTC price nears $67K as new GBTC Bitcoin outflows pass $550M. <a href="https://cointelegraph.com/news/btc-price-nears-67k-new-gbtc-bitcoin-outflows-550m" rel="noopener" title="This link will take you away from steemit.com"> Link </a></div>
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<div class="text-justify"><h3>OBSERVATION:</h3></div>
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<div class="text-justify"> The cover image does not belong to the author: @lupafilotaxia, the image was taken from: <a href="https://cointelegraph.com/news/btc-price-nears-67k-new-gbtc-bitcoin-outflows-550m" rel="noopener" title="This link will take you away from steemit.com"> Cointelegraph </a></div>
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