July 22nd, 2020 

Bitcoin is currently hovering above $9500 USD as of this late afternoon!

Bitcoin was at $9300 USD right before it shot up to $9500 USD

Resistance levels were at both $9400 USD and $9500 USD as Bitcoin continues to squeeze

On All-Time charts from many big-name traders, this is a GIANT squeeze that not a single person can argue against yet

This All-Time Flag is perfectly Horizontal and is really well represented in the following chart

When we zoom in closer to today we can see just how on-the-edge the Bitcoin price has been

If you have not noticed already, it has been barely sitting above that thin red sloped line.

That red sloped line is part of the humongous flag that is formed on the All-Time Charts

Leading up to this point many traders have been waiting to confirm a break out has occurred

If today's move to $9500 USD holds true then this would be historic for Bitcoin!

It may not seem like much and it may seem like not that big of a change.

Except that Bitcoin has had one hell of a year with everything going on.

1. The 4th halving happened for Bitcoin

2. This year Bitcoin has touched $10,000 USD about nine times already

3. Bitcoin withstood a Global Pandemic

4. Bitcoin withstood bad news from the recent Twitter Hacking

5. Institutional Investors have skyrocketed

6. Volume in recent days has reached an all-time low in almost 2 years

7. Bitcoin has stayed above $9000 USD since the end of May 

8. The number of new Bitcoin adopters has increased further than any other year in history

9. Bitcoin is nearing the end of a squeeze that form the biggest All-Time flag it has ever made

10. Malicious users of Bitcoin have dwindled, been arrested, and has now largely shifted toward being used correctly

These are all extremely good reasons to have faith in Bitcoin and cryptocurrency overall!

Now, where will Bitcoin go from here?

It may appear to be breaking out of a crucial resistance line for the time being.

However!

It's important not to get too excited and be patient because there is still more time needed to confirm.

With the way things are looking as of right now though, it looks very, very Bullish long term 😎

In the short term, Bitcoin will likely retest Support levels of $9400 and then $9300 if $9500 doesn't hold.

Only time will tell so be sure to watch closely!

Bitcoin is about to get a little crazy 

Thank you for taking the time to ready, be safe, and be skeptical hodlers!