Bitcoin Updated March 24th, 2021: Price Prediction And Major News

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Three days ago, I have posted an article about Bitcoin to pump up to 70k. I think I was wrong at it instead of today I have to post it at least. Every time I make errors and mistakes, I learn something in my life that pushes me to deep dive into the study to correct them as the market makes corrections as well. Yesterday, my post about Bitcoin Dump or pump aligned with the market. Bitcoin dropped down to 52k as I predicted, In fact, I was waiting for this correction on March 10th, 2021 before Bitcoin hit ATH 61.8K. 

Well, I am coming with the news I read the newspapers to support my TA, Bitcoin news released American News Magazine Time to Accept Crypto for Subscriptions, Firm Auctions 3 NFT Covers( Written By Jamin Redman) Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore( Written by Kevin Helms), Wolf of Wallstreet' Jordan Belfort Now Bullish on BTC, Says Crypto Asset Will Reach $100,000( Terence Zimwara)https://news.bitcoin.com/jim-cramer-gold-let-him-down-put-5-in-bitcoin/(Kevin Helms). https://news.bitcoin.com/visa-cryptocurrency-extremely-mainstream-bitcoin-use-70-million-stores/(Kevin Helms)

Source:https://news.bitcoin.com/

 

 The news above is very major news of the day and week. As CME Gap closed now, I can say good news. Let's say Bullish.

 

Today, Bitcoin is starting to go up slowly, and steadily, FROM 52.9K the strong support levels to 56.8k, after Bitcoin flipped down from 59.8k peak. Meantime, Bitcoin's price is around 56k. I am bullish, I am expecting 70k soon, according to the circulating news  #Bitcoin can be longly Bullish. In my TA, BTC is forming Double Bottom(DB) at 54.1k on charts 24hours timeframe. BTC looks like in the accumulations zone and wants to break out 56.8k resistance level, the RSI Oscillators Break out the oversold zone. On the chart above, I drag two bluelines which are my target(65k,70k). Maybe, Bitcoin will continue the correction within 2 or 3 days before it will make massive Bullish.

For long-term investment, according to the analysts over the globe that I am a supporter of, Bitcoin will reach 100k, 200k. Maybe the end of this year.

What the challenge about BTC? 

 

Disclaimer: any investment, You have to do your own research because I am not a financial advisor.

 #BTC,  #TA,  #Trading,  #Bullish.

 

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