Why could Bitcoin reach the new ATH this year?
The market is more advanced than in 2017
Panic sellers and inexperienced traders disappeared from the market
Large investment companies have entered the market, having only recently invested in Bitcoin with the aim of hold it in the wallet for several years
PayPal will make crypto payments available to 28 million merchants in the first half of next year
The COVID_19 pandemic has put enormous global pressure on the increased use of digital currencies
Technical analysis:
Bitcoin found support around $14.3K
Psychological support at $15K
Resistance at $15.7K - $16K
Increasing volume / Bullish
RSI 1D/1W overbought / Bearish
Fear & Greed Index / Extreme Greed
Full Analysis: ccnews24.net/bitcoin...the-new-ath-in-2020/
The market is more advanced than in 2017
Panic sellers and inexperienced traders disappeared from the market
Large investment companies have entered the market, having only recently invested in Bitcoin with the aim of hold it in the wallet for several years
PayPal will make crypto payments available to 28 million merchants in the first half of next year
The COVID_19 pandemic has put enormous global pressure on the increased use of digital currencies
Technical analysis:
Bitcoin found support around $14.3K
Psychological support at $15K
Resistance at $15.7K - $16K
Increasing volume / Bullish
RSI 1D/1W overbought / Bearish
Fear & Greed Index / Extreme Greed
Full Analysis: ccnews24.net/bitcoin...the-new-ath-in-2020/
