Bitcoin Finally Break his Crucial Resistance Today but Daily Closing Above 38500 is Compulsory

Today I'm going to share with you guys my eight years of Bitcoin experience and tell you what gold coins we'll have in the coming days that I think could happen. No financial advice, I just share my knowledge with you guys.

A few hours earlier today we have seen Bitcoin break a resistance it has done in two years so this is a huge sign for the bull market here and last time we saw it was Binance. Individuals came but we didn't see the market going down.

It went down for a while. It went down to a thousand dollars and then went up again. Where can it go? Yesterday there were still many people who opened short positions and how many millions of dollars have been liquidated.

If we talk about a few months ago, we saw the same thing happening, people were telling us that it will definitely go below 25 thousand again and we will buy it at 15 thousand and this time. Then we've seen the same thing happen, people were still saying it's going to come down to 32k,

But that's not exactly the case this time and it's broken a very difficult resistance, but we're not here yet. Can say that it is going to 40000 or 42000 because until we see its daily closing above 38500 then we will not be able to confirm it and we know that too.

At present, the way the rest of the market news is going, it is going bad, but then the sick cat is going up, so now we have to understand that the scenario of the market is going up on the bad news. has been and the market will come down on good news, then this thing should be kept in the mind of all people.

If we recall the previous bear market, the same thing happened in it, people who were waiting for 10 thousand dollars, and the market which was 70 thousand dollars, then it started back, so all these things. We have to understand that otherwise we will never be able to make a profit from this industry.

What people think here is not at all what the big investors think. Michael Seiler who is he has bought Bitcoin for the last two years and he bought it yesterday he is constantly buying it wisely and now his buying price is 30 thousand dollars so we should have all these things in our mind.

Eventually he also has to sell it in the market and make a profit, but now he will not do it at all because he knows that for the next two years there will be a bridge market and the prices will go up a lot. It will be seen that this time also Bitcoin will fall to 100,000 dollars.

Last time it could not go, so this time there are high chances that it will go to 100,000 dollars, but if you are getting a good profit, then You should take profit and then wait for the next bear market. If you do that, then you will be able to make profit from here. Otherwise, you will not know what happened to you.

Seeing this man gives us a lot of motivation because in every situation we have seen him believe in Bitcoin and buy Bitcoin and it is true that if he didn't believe so much and If Bitcoin went down, his company would be out of business because he has invested so much of his money in Bitcoin and is still putting his money in, so we must understand that the market has gone up.

We have to go but we have to liquidate people and we have to keep all these things in our mind. And if we look at the other thing, the funding rates are positive at the moment, most of the people have opened long positions, but the market is still not down because the whole story is playing on ETFs.

The last date is January 10, 2024, before which the ETF will have to be approved. Other companies are getting more serious about ETFs and applying to Ethereum. As ETFs apply, the market sees us moving higher, the way we see Ethereum closing its candles above 2150 is the next time we see it above 2400.

This resistance will come and we will see it break within some time as the market enters its second cycle. If we talk here, this time the chances of Ethereum are talking about 10 thousand dollars, but it is better that if you still invest in it and it goes to 4 thousand,

Then you will profit. should be taken out, always in this market when a person gets into greed, then he loses, it is better that we should take profit and exit and then wait for bear market again.

If we follow our favorite platform coin right now, it's in a good position right now and the support is right now at 35 cents and 34 and a half cents, so it's going to stay up from here. And if it closes its candles above 39 cents and 40 cents, we'll see it move back to 50 cents.

We can't say anything here and it won't be a concern that it will go down any further. Today there are reports that Binance will delist it, so I don't see that happening at all.

Because the volume on top of that is fine and we're seeing that the platform is becoming more and more popular around the world now, that's not going to happen at all. is doing but they haven't talked about it yet. And we are also seeing that among all the games on this platform, Supreme Land was the most popular and now it is going to get its Land game, so we will see many new people's again on this platform.