Will Bitcoin Break $20k?
BITCOIN CURRENT PRICE: $19,060 USD
Some say bitcoin did reach and all time high this week, briefly and technically it did. I think most who are in BTC have been rounding to $20,000 for so long there was very little psychological reaction.
The chart above is from Bittrex in 12 hour candle showing we have been grinding here a bit just under $20k for a week. While this is a great time to be in BTC, I think many of us are watching and hoping for that $20,000.
I've been thinking we are about to pass this key milestone all week and clearly I have been wrong all week! lol
However, I haven't been wrong alone, many traders and podcasts have also been predicting $20,000 and more.
Currently my crypto wallet is heavy in BTC and it has been my plan to move back into some of the well performing alts after we cross $20,000. It's my thought that people tend to FOMO into the alts once they "feel" like they have missed big moves by BTC.
I don't like changing the plan on impatience, so today I will not make any changes to my current holdings and continue to wait.
Crypto-mood HODL and be patient.
Where do you think we head next and if you feel comfortable talking about it what is your strategy?
Feel free to stop in to The Pulse Discord, where we discuss everything crypto, politics and sometimes complete nonsense.
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