Saturday March 13th bitcoin breaks another major milestone, reaching new heights and has eyes set on another horizon.
Bitcoin breaks 60k
With things as stale as they are in this pandemic. Sometimes the time just drags on . This was not the case when it was only just a month ago, that bitcoin broke new record heights of 50k. But 2021 is year of the crypto and bitcoin just can NOT be stopped. Stomping over 60k and finding support all in one swoop. It seems the crypto-market couldn't wait to soak up as much stimulus as possible. Bitcoin remains on its bullish run . Flexing and showing how nearly unstoppable course as bitcoin continues to propel itself into uncharted territories this year. More big names are diving head first, which in turn signals a greenlight to the community to buy. Even with as much noise as BTC was making... there was another coin, lighting up in discord groups and reddit alike. MANA.
120%+ in 24 hours
Decentraland strikes agian. A massive surge in MANA today. This was in part caused by a release of a special limited edition NFT . RTFKTstudios teamed with Atari and released special customized merch . If you could afford the outrageous gas fees (100$) to get there. you could claim your free NFT ATARI t-shirt. 💪. This combination with stimulus money quickly weighing in people's pockets. Propelled by FOMO (fear of missing out) MANA spiked at 1.17 . Couple of my discords groups were telling people to buy after already 60% 70%. Luckily I had a small batch that I quickly converted half to take advantage of the increase in price and will buy back cheaper. (Distracted 😺) The FOMO has left many bag holders but MANA is one I believe has much more room to grow.
The take
Watch for support levels around 60-61k. Bitcoin can pivot at any moment so we will have to wait and see how much of a pullback. Bitcoin continues marching its way up to 100k and with that alt-coins and the ethereum eco-system climb with it. The rock sending ripples throughout the pond. The crypto-market likes to follow their frontline mascot and with Bitcoin reaching new heights, I expect to see other coins follow that trail.
This article is for entertainment and informational purposes. This is not financial advice and i am not a financial advisor, invest at your own risk.
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