Posts

Bitcoin Illiquid supply continuously increasing

avatar of @cryptosignal247
25
@cryptosignal247
·
0 views
·
1 min read

ETH is now heading towards the $1890-$1900 resistance area. ETH need to break above $1900 otherwise we see another retest of $1800 and if broken then thr $1700-$1710.

Bitcoin Illiquid supply continuously increasing since the launch. This means every year Bitcoin get more believer that don't want to sell their BTC. The number of strong holder keeps increasing. This is the reason BTC prices always go up in long term. The liquid supply is decreasing while the demand goes up.

Bitcoin now back in the trading range. Bitcoin need to close above $31,100 to back in the range. If BTC daily close above $31,100 then we will see a retest towards $32,000-$32,500. Today Elon Musk and Jack Dorsey speak in the The B word event. Expecting high volatility today.

The B Word conference is started and Elon Musk speak soon. Ready for quick pump in DOGE and BTC as Elon Musk may comment some positive about both. Don't open a trade now with high leverage and use tight stop loss as market may dump after the conference is ended.

Source


**Upvote, Share and Follow for more update about all major coins like BTC, ETH, DOGE e.t.c. Check out my Blog for all recent price moves.

*