Bitcoin is less than 1000 USD away from its all time high.
The target is about to be met from the breakout of the ascending triangle. Could Bitcoin be 70k by the end of the month? If 70K . If we do hit 70K, 100K Bitcoin would not be far behind. I do not hold any Bitcoin but Bitcoin's bullishness is pretty important as it is the biggest crypto and the price movement of Crypto is going to determine the not so distant future of Bitcoin's price.
Bitcoin retesting its all time high from a few weeks ago means that the BULL MARKET is intact. It feels a long time that Bitcoin was 20k but, it was only a couple of months ago.
Bullish MACD 1day chart
The bullish golden cross. The last time this happened was on the 12th of December, just a week before Bitcoin hit its all time high and crossed the 20k and the next time after that was at the end of January, when Bitcoin dipped from 41k to 33k and then went all the way up to 58k.
Could this cross bring us up to 70k? What is going to happen to the crypto space. Bullishness from Ethereum's Berlin fork and London fork could be the other catalyst that is going to bring the whole cryptoverse to the universe.
It is pretty strange but there are still many critics who still think that cryptos are scams and it is dangerous to invest. While the critics are busy doing that, our porfolios are increasing. I guess at that time, many are going to say,
"I should have bought Bitcoin at 50k", Ethereum at "1800 was cheap".
Human physcology. When it dips, panic. When it goes up, Fomo feeling comes.
Are you ready for a crypto boom?
@luueetang