Dear Bitcoin investor, in just a few hours, 16.800.000 Bitcoins will be mined. That's 80% of the total 21.000.000 ever to be mined Bitcoins!
I expect this will be a mental barrier since it will become harder and harder for miners to find new coins.
Keep in mind that next halving is expected in May of 2020.
The next wave up is expected this year before consolidatin for a longer timeframe.
We could see a surge to $73.000 in matters of weeks or even days from now. It could happen next month, but more likely later this year. The markets have already been overbought. I use the EMA 55 as a reference and it's a pretty good signal that shows that we are now bottoming between $11.000 - $13.000
Good luck to all you and hope to cover a real time market update very soon if the market make wild swings again.
Have a great weekend!
disclaimer:
My post is not an advice in any proportion. Do not trade and invest with money that you can not miss. Try to act and invest as much as possible without emotions. Try tou first understand all matters before you start investing real money. into the markets. Keep it fun, light and clear for yourself. Know your limits. With that said I wish you a lot of success
