The start of a breakout through resistance might have began with last night’s historic weekly close – the highest ever recorded.
Bitcoin price has poked above $60,000 dozens of times now, yet has been unable to hold strong above the clearly strong resistance level.
The first signs that new highs could be near, is the first ever historic weekly candle close above $60,000.
The battle between bulls and bears came down to the very last seconds before the close, resulting in some disparity across exchanges.
But as mentioned, the FOMO could finally be running out of steam.
Back then the signal arrived early, Bitcoin price spiked much higher, then corrected 82% within just four days.
While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets.
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