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BTC to $77K

Posted by Tassos Nikoleris on April 08, 2021 - 10:20am


BTC to $77K

 

Bitcoin is ready to pump hard to hit the $77,000 mark.

But why not make another dip?

There is a 70% chance to hit that mark.

Because:

- The Whales have stopped selling
     Now there are more than 300 fewer whale accounts (about -10%), which means a minimum of $50B worth of BTC are out of the market

- Miners stopped selling
     They are accumulating and building their positions for BTC's next move up

- Long-term holders slowed down selling 
     After they took their profit, they went again to HODL mode waiting for a higher price to come

They all cashed out of the market pick and are anticipating higher prices.

 

Cryptocurrencies' Market cap went to $2T.

It Doubled in just 3 months!!

Maybe it reaches $10T in this market cycle, which would mean:
- BTC: >$250-300K
- ETH: >$10K
- Altcoins: are going to the moon

This Bull run has got a lot of gas in the tank.
So, buckle up and enjoy the ride.
Now is the time, as many are saying, to "
get scammed to retirement"

 

PS: This is not financial advice, just my opinion
PS2: Big thanks to Lark Davis, follow him on Twitter (@TheCryptoLark)

luba66 Lyubov Sultanova Thanks for the info.
April 9, 2021 at 7:16pm
Tassos Nikoleris Of course it will break it soon, and then again and again...
April 9, 2021 at 10:55am
Simon Keighley It will be interesting to see if bitcoin can break out of the all-time highs and rally from here. Thanks for sharing the technical analysis, Tassos - great info.
April 9, 2021 at 8:37am
Gerald Roberts Hmm... I ponder
April 8, 2021 at 5:30pm
Tassos Nikoleris Thx Andries for reading
April 8, 2021 at 2:16pm
Andries Van Tonder great share
April 8, 2021 at 10:30am