#BTCDAILY : 3 / 02 /21
Bulls On Parade
Sell Wall
40k - 250 BTC
39k - 250 BTC
37k - 250 BTC
Buy Walls
$33k - 250 BTC
Volume: Consolidating and Low building, still relatively low can see big pump incoming
ALTS: Dominance Decreasing + Price Increasing = ALTSEASON Incoming
Local Support: $34.7k
Next Support: $32.4k
Local Resistance: $36.8k
Next Resistance: $38k
Top Fundamentals:
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
- BlackRock Institution - Confirm 2 funds joining BTC (- Ruffer institution joins the race with a $750m holding - Bullish ) - Bullish
- Biden formally accelerates the Stimulus of 1.9Trillion - Bullish AF
- Elon Musk Tweets BTC Hard at end of consolidation period - Bullish
- Gamestop Craziness could start t drive people away from stocks to Crypto - Bullish potential
- New Amazon CEO that is Crypto Curious - Could be the final key to unlocking Crypto to Mainstream?
Personal Opinion:
Prediction remains the same, only extended to $40k now. $37k and $38k are going to be some tought resistances to break and there will be a very expected big rejection at $40k as Sell Walls go parabolic as soon as the price starts to head that way.
Bulls are here for a little longer now and with Jeff Bezos stepping down - watch this space....
Bulls On Parade
Sell Wall
40k - 250 BTC
39k - 250 BTC
37k - 250 BTC
Buy Walls
$33k - 250 BTC
Volume: Consolidating and Low building, still relatively low can see big pump incoming
ALTS: Dominance Decreasing + Price Increasing = ALTSEASON Incoming
Local Support: $34.7k
Next Support: $32.4k
Local Resistance: $36.8k
Next Resistance: $38k
Top Fundamentals:
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
- BlackRock Institution - Confirm 2 funds joining BTC (- Ruffer institution joins the race with a $750m holding - Bullish ) - Bullish
- Biden formally accelerates the Stimulus of 1.9Trillion - Bullish AF
- Elon Musk Tweets BTC Hard at end of consolidation period - Bullish
- Gamestop Craziness could start t drive people away from stocks to Crypto - Bullish potential
- New Amazon CEO that is Crypto Curious - Could be the final key to unlocking Crypto to Mainstream?
Personal Opinion:
Prediction remains the same, only extended to $40k now. $37k and $38k are going to be some tought resistances to break and there will be a very expected big rejection at $40k as Sell Walls go parabolic as soon as the price starts to head that way.
Bulls are here for a little longer now and with Jeff Bezos stepping down - watch this space....
