1 Minute Bitcoin Update 11-06-2021

1 Minute Bitcoin Update 11-06-2021


1 Minute Bitcoin Update as of 11-06-2021

1. Retail investors are heating up the crypto currency market.

2. Most Bitcoin deposits are from whales (those with large possessions)

3. Bitcoin is holding support above $60K despite the fact that whales are dumping.

4. Crucial price point to break to get the next run started is $64K.

5. Next price resistance after breaking $64K is $72K.

6. Exchange whale ratio has gone UP.

7. Exchange reserve has gone DOWN.

8. As a result of what was mentioned in #7 is leading to less supply on exchanges.

9. Prediction to hit $98K this month is still in play.

10. Prediction to hit $135K in December is still in play.

Good luck everyone with your crypto investments!

How do you rate this article?

5



My Complete Thoughts and Opinions
My Complete Thoughts and Opinions

This blog shares my personal view/standpoint/thoughts/opinions about subjects.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.