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!