We all love Bitcoin & see it as the future of not only finance but also payments, a store of value, and so much more. So here's where I see Bitcoin going in the short term future & the long term future. Let's check the charts-
As you can see, we started a trendline on January 14th, broke under it a little over a week later, then regained it a week after that. Now we've been trending around $9.3k for the past few days, give or take a few. I think if we manage a close above $9.6k in the coming days, we'll be seeing $10k VERY soon. Like within 2 weeks or less. (Everything is always two weeks in the crypto space)
What are your guesses? Think we'll hold here & move upwards? Maybe a little more sideaways action? We'll see. I'm thinking the Superbowl & beyond will bring us some positive momentum for not only bitcoin but many altcoins as well. Could it be time to stock up with all this global uncertainty? $51B in volume in the past 24 hours is nothing to scoff at.
Who knows what the future of cryptocurrency brings? What I do know is that it's here to stay & mass adoption is right around the corner. Will you be on the right side of history?
