Hello crypto currency lover!
Welcome to another new week and happy Sunday to you.
Today, BTC has shown to be confused whether to linger in the lag phase or to fall to a death phase.
You might be asking, are my in support of bull or bear?
The answer remains no because, crypto currency is like a game of football to me where anything can happen. So trade at your own risk.
About this time last week, I published a post about BTC price analysis from October up till first December.
Today, I'll focus on this week's strength and weakness.
Following the recent news on India and BTC, they have planned to pay taxes in BTC. Hmm.
Will that be possible?
Let's go straight to the main idea of this post.
This week has shown to be the best week for BTC thus far as it attained its highest price of $19600 on the 30th of November this year.
To an extent, it got some attention, causing some good people to reinvest in BTC after they panicked on 26th of November.
Lol.
See image below
This week's highest and lowest prices
Panic day
Looking at the current price and shape of BTC today, I'm thinking that another similar event of 26th November is about to happen, just like déjà vu.
BTC has seen it's better days (not less than 200 days) since the kickoff of bullish trend.
Yeah, this was triggered by some whales even though YFI token and UNI coin came to spoil the joy. It was prevailed at last.
Today's current trades as at 15:00 GMT (Nigerian time)
As you all know, I like to communicate with my audience in posts like this.
So, what do you think will happen to the price in the next seven days?
