Bitcoin is about to break out - 53k resistance by luueetang

hive-167922 · @luueetang · Oct 5 '21

$8.34

Bitcoin is about to break out - 53k resistance

![bitcoin_on_the_verge_of_breaking_out.jpg](https://images.ecency.com/DQma22AZhJz15shVxbBx7KzvHpaixRKrwTBQuHTKWDjYiwx/bitcoin_on_the_verge_of_breaking_out.jpg)

Uptober is here. The last quarter of the 2021. Five consecutive Septembers where Bitcoin ends lower than it was at the start of the month. Bitcoin is only a few thousand dollars away from a breakout through the resistance. 

This breakout will validate the cup and handle pattern and invalidate the dead cat bounce pattern. 

![Dead Cat bounce](https://i.ytimg.com/vi/NytPC6VB9gU/maxresdefault.jpg)
There was this chance of a dead cat bounce after Bitcoin went all the way up 53k and did some retracement. That is the final resistance that Bitcoin needs to test in order to invalidate the dead cat bounce with a higher probability. It is a matter of days before the confirmation. 

This could be an exciting month. This month's Bitcoin ending target is around 63k, November 98k and December 135k according to PlanB and his stock to flow model. However, that being said, there are still plenty of critics and those who think Bitcoin is going to 30k and 0. The tug of war begins. 

Let's hope for the best and Bitcoin goes to the moon.

👍 leo.voter, onealfa, curie, sherisworld, nbs.gmbh, primersion, nateaguila, team, therealyme, postpromoter, stayoutoftherz, instytutfi, pipokinha, takowi, banvie, dhimmel, gifmaster, tigerrkg, aaronkroeblinger, ibt-survival, netaterra, iptrucs, minnowbooster, brotherhood, gogreenbuddy, pladozero, juancho10, ew-and-patterns, kgakakillerg, mahdiyari, robibasa, massivevibration, trasto, dcrops, yourmind, smjn, mariaalmeida, dgoal, hivegifbot, megavest, inthenow, mayllerlys, bit4bit, finch97, roleerob, zirky, acousticguitar, devann, thelittlebank, fsm-core, steemean, yehey, behram, meno, investingpennies, celinavisaez, wizzitywillican, dailyspam, fatman, armandosodano, mammasitta, insaneworks, brianoflondon, eric-boucher, and 235 others

`author`	luueetang
`permlink`	bitcoin-is-about-to-break-232f44b3c31f2
`category`	hive-167922
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`last_update`	2021-10-05 14:12:33
`depth`	0
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properties (23)vote details (299)

voter	rshares	pct
team	144,970,139,145	20%
yefet	551,205,746	5.7%
onealfa	486,904,015,411	5%
justtryme90	2,057,658,159	1.5%
eric-boucher	6,592,033,834	1.5%
juanmiguelsalas	997,992,186	0.9%
thecryptodrive	6,061,739,192	0.6%
mammasitta	7,403,483,218	1.5%
cloh76	2,075,732,321	1.5%
pipokinha	54,581,985,214	100%
stephen.king989	5,088,471,084	1.5%
djennyfloro	1,338,287,946	10%
netaterra	37,784,284,903	1.5%
uwelang	2,292,600,012	0.3%
tfeldman	2,721,790,099	1.5%
seckorama	755,248,835	0.6%
lk666	889,299,240	1.5%
michelle.gent	1,520,150,079	0.6%
curie	364,860,252,357	3%
successforall	6,584,858,445	5%
modernzorker	1,887,904,067	2.1%
poeticammo	4,312,217,882	100%
tristancarax	585,583,012	1.5%
yadamaniart	1,162,862,149	1.5%
apsu	650,946,067	1.05%
driptorchpress	1,579,231,751	1.5%
gabriele-gio	3,358,784,220	1.5%
sardrt	4,355,534,647	10%
mariaalmeida	14,930,115,998	100%
ambyr00	627,133,626	0.45%
gifmaster	45,758,388,194	100%
dhimmel	48,055,724,940	1.05%
federacion45	3,719,991,106	1.5%
mvd	935,628,558	1.5%
roomservice	1,153,670,327	1.5%
rt395	2,481,315,216	3%
sustainablyyours	1,545,359,871	1.5%
erick1	895,092,522	1.5%
yehey	9,743,390,885	3%
robinhaney	1,059,745,933	1.5%
zerotoone	519,106,975	1.5%
kalinka	558,134,777	1.5%
mahdiyari	21,404,044,255	2.4%
jayna	2,902,536,957	0.6%
ew-and-patterns	26,840,887,810	3%
diabolika	3,856,072,871	1.5%
zacherybinx	613,469,224	3%
binkyprod	1,309,413,646	1.5%
flatman	2,371,575,110	3%
minnowbooster	36,143,273,766	0.6%
neumannsalva	1,692,778,479	1.5%
stayoutoftherz	69,155,208,865	1.5%
coindevil	1,295,243,745	2.4%
investingpennies	8,819,580,099	3%
mamalikh13	2,953,784,730	1.5%
val.halla	2,869,753,262	10%
travelingmercies	585,688,103	3%
redrica	1,315,478,518	1.5%
dipom98	599,320,014	1.5%
zyx066	5,552,360,606	1.5%
revo	5,375,953,614	3%
mulletwang	1,844,764,857	35%
thelordsharvest	3,128,562,751	3%
massivevibration	19,622,268,708	30%
bradfordtennyson	518,180,736	1.5%
trevorpetrie	1,328,886,575	1.5%
torico	728,892,368	0.99%
tomiscurious	3,634,455,269	0.9%
roleerob	12,861,890,170	3%
fatman	7,674,387,999	2%
inthenow	14,230,991,196	25%
revisesociology	2,936,695,784	0.3%
cryptononymous	935,578,254	1.5%
upme	900,863,492	1.5%
braveboat	2,680,390,426	8%
dauerossi	5,182,672,402	30%
meno	9,208,894,575	1.5%
fatkat	738,244,223	1.49%
dbooster	2,534,605,178	2%
mightpossibly	5,136,645,038	6%
postpromoter	95,088,425,163	3%
mejustandrew	977,396,722	1.5%
bluefinstudios	1,656,100,309	0.9%
steveconnor	1,759,088,474	1.5%
sankysanket18	1,291,833,124	1.5%
nicole-st	786,051,989	1.5%
iptrucs	37,416,995,105	25%
straykat	1,725,279,789	1.5%
r00sj3	3,019,334,002	1.5%
brotherhood	32,208,887,297	3%
stahlberg	667,882,578	1.5%
gabrielatravels	2,396,466,364	1.05%
fineartnow	1,702,988,706	1.5%
hijosdelhombre	1,082,935,780	1.2%
steemvault	1,841,820,463	3%
steem4all	588,898,838	1.5%
smjn	15,013,444,818	2.55%
communitybank	4,127,586,057	3%
bennettitalia	1,299,433,645	0.75%
utube	2,240,455,450	3%
jigstrike	976,661,487	1.5%
mciszczon	1,338,602,354	1.5%
jeenger	5,525,258,514	5%
soufiani	1,973,377,262	1.2%
sportscontest	2,634,537,058	3%
videosteemit	1,993,575,124	3%
pandasquad	2,759,524,207	3%
mproxima	729,020,897	1.5%
fantasycrypto	1,636,933,501	1.5%
didic	1,413,631,949	1.5%
warpedpoetic	1,843,569,069	3%
beverages	3,337,502,263	1.5%
mamun123456	520,574,011	1.5%
oghie	505,607,723	50%
photohunt	2,832,616,209	3%
blervin	1,103,867,395	3%
atomcollector	761,261,616	0.75%
takowi	51,274,596,663	3%
irgendwo	4,692,034,705	3%
cyprianj	577,122,596	3%
bernardino	538,328,104	1.5%
doikao	2,472,113,246	3%
vicesrus	2,502,957,264	1.5%
zipporah	1,422,119,213	0.6%
randumb	793,559,913	3%
superlotto	5,413,381,993	3%
miroslavrc	1,306,855,900	0.75%
bscrypto	6,020,784,935	1.5%
vonaurolacu	767,703,153	1.5%
movingman	897,876,875	20%
proto26	781,849,390	3%
bil.prag	895,980,995	0.15%
sanderjansenart	2,208,204,875	1.5%
vittoriozuccala	956,364,090	1.5%
qberry	1,718,405,887	1.5%
frissonsteemit	608,689,460	1.5%
rambutan.art	1,359,394,897	3%
obsesija	1,684,346,083	3%
blainjones	560,330,095	0.3%
gadrian	3,573,291,857	2.4%
cryptocoinkb	4,026,971,751	1.5%
gogreenbuddy	31,330,382,110	3%
lorenzopistolesi	3,503,027,830	1.5%
kgakakillerg	23,486,619,289	10%
julialee66	802,009,040	3%
realblockchain	5,381,160,277	20%
calebotamus	4,016,821,455	100%
indigoocean	585,558,641	1.5%
primersion	200,895,885,353	20%
celinavisaez	8,621,175,699	30%
gwilberiol	5,593,920,299	2.7%
diabonua	2,207,068,341	1.5%
pladozero	30,495,901,081	10%
minerthreat	1,416,504,897	1.5%
nateaguila	169,284,986,901	5%
stevenwood	1,326,348,202	0.99%
dailyspam	7,847,794,945	50%
trisolaran	792,585,069	1.5%
realkiki85	4,448,275,273	100%
insaneworks	6,804,298,382	5%
uche-nna	2,987,176,342	2.4%
drawmeaship	3,703,362,262	50%
vietthuy	2,176,740,976	50%
cryptocopy	515,088,105	1.5%
cheese4ead	1,867,686,072	1.5%
gaottantacinque	293,448,798	100%
carolinaelly	2,654,681,253	100%
blewitt	5,797,320,259	0.18%
olumzy	3,047,175,281	0.9%
bflanagin	3,264,556,297	1.5%
armandosodano	7,590,593,986	1.5%
yourmind	16,639,864,097	100%
acousticguitar	12,429,030,814	50%
marivic10	581,291,771	1.5%
vixmemon	766,026,359	2.25%
yaelg	523,892,226	0.9%
kylealex	4,631,141,759	10%
gasaeightyfive	434,502,250	100%
orlandogonzalez	2,745,357,900	25%
minimining	1,342,762,960	1.5%
thelittlebank	10,847,117,270	1.5%
josesalazar200	1,536,888,206	3%
voter003	2,220,976,879	1.2%
cribbio	603,832,962	100%
palasatenea	607,125,791	1.5%
the.success.club	996,846,447	1.5%
chickenmeat	598,907,558	1.5%
brianoflondon	6,784,293,947	0.45%
luueetang	5,384,185,921	100%
esthersanchez	4,377,490,112	60%
steemcryptosicko	6,326,109,844	0.6%
banat	1,260,955,514	6%
cakemonster	3,219,641,771	3%
themightysquid	3,238,629,984	100%
devann	11,607,578,086	4%
hiddendragon	636,381,954	38%
robmojo	1,085,077,400	0.6%
double-negative	523,423,728	20%
tigerrkg	41,871,726,684	100%
suzana72	5,625,027,568	6%
bit4bit	13,402,770,840	3%
michaias	2,099,842,939	75%
vaultec	5,556,936,010	12%
steemstorage	4,370,803,523	3%
starfighter	853,336,150	3%
navyactifit	746,479,469	3%
markwannabee	509,700,875	100%
hairgistix	1,566,610,650	1.5%
rem-steem	614,765,121	0.6%
steemean	9,914,852,601	5%
hashkings	912,359,470	0.9%
aaronkroeblinger	39,843,174,909	50%
ambifokus	1,161,031,072	0.45%
engrsayful	563,478,311	2.4%
epicdice	864,902,281	0.9%
sallhiddles	548,218,559	100%
iamsaray	1,242,783,717	1.5%
megavest	14,381,933,191	6%
gadrian-sp	2,312,451,953	2.4%
rmu01	3,914,269,476	100%
robibasa	20,803,589,290	10%
banvie	49,474,793,853	100%
fractalfrank	2,402,618,509	1.5%
rtron86	6,232,307,905	50%
travelwritemoney	914,251,496	6%
waltermeth	3,324,224,696	20%
titan-c	835,001,947	3%
juancho10	28,608,737,815	100%
jalentakesphotos	709,968,564	10%
leo.voter	3,704,047,762,723	6%
bala-leo	508,943,424	6%
babytarazkp	3,747,705,454	40%
tokensink	1,435,612,998	3%
beta500	3,366,295,174	3%
wanderingmoon	3,160,499,700	50%
behram	9,547,691,957	50%
therealyme	100,597,282,695	1.5%
ibt-survival	38,781,125,925	10%
lotto-de	4,792,462,147	10%
toni.curation	16,651,884	1%
zirky	12,552,440,596	35%
ditsch	426,104,294	90%
gloriaolar	1,424,719,790	0.9%
onestop	892,398,228	3%
xxxxxxxxxxxxxxxx	513,009,971	3%
traveledge	510,178,426	100%
yunnie	1,259,367,431	1.5%
monica-ene	1,893,891,678	1.5%
fsm-core	10,342,516,645	50%
leofinance	6,303,815,313	6%
hornetsnest	2,406,320,378	1.5%
peterpanpan	559,338,116	0.6%
hiveonboard	5,206,146,457	1.5%
authentika	2,789,960,241	1.5%
ninnu	682,040,386	0.15%
kiemurainen	956,530,633	1.26%
rihc94	979,750,226	1.5%
actioncats	5,642,299,652	3%
datavix	522,692,399	25%
quinnertronics	4,763,304,430	2%
hivecoffee	514,976,301	3%
sevenoh-fiveoh	729,058,118	5%
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coffeebender	622,157,976	25%
senseiphil	721,139,545	0.75%
death-and-taxes	3,843,509,836	50%
nbs.gmbh	224,186,801,266	3%
apendix1994	3,301,096,425	90%
cosplay.hadr	544,076,602	3%
hadrgames	561,246,134	3%
dcrops	17,268,497,005	1.5%
leo.tokens	510,713,187	6%
cielitorojo	3,090,351,046	3%
instytutfi	68,468,032,244	100%
hivegifbot	14,458,529,769	100%
cbridges573	513,655,390	2.1%
fundacoven	1,949,518,387	5.4%
bananass	1,438,377,995	2.25%
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dgoal	14,550,368,424	100%
drricksanchez	6,328,080,655	1.5%
wizzitywillican	8,115,106,347	100%
cryptololo	552,200,658	5.4%
miroslaviv	869,118,408	1.5%
mayllerlys	13,530,375,350	50%
impurgent	659,781,443	40%
counterterrorism	1,587,221,510	1.5%
sherisworld	265,377,739,412	50%
reidenling90	4,857,452,327	100%
tampilyne	1,977,194,015	100%
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gigihii03	1,346,855,564	100%
nbogda	4,769,290,530	100%
finch97	13,273,033,354	100%
mayrabast	513,068,004	100%
trasto	19,342,878,819	3%
rabibul	1,606,418,227	100%

`author`	mukoro
`permlink`	re-luueetang-r0ifxy
`category`	hive-167922
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`root_title`	"Bitcoin is about to break out - 53k resistance"
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