Bitcoin Update 1st Sep, 2021

in #bitcoin • 3 years ago

So here's my journey starts. Update about Bitcoin, Ethereum and altcoin today

BTC has seen a monthly close we can't consider bullish at all (around $47,300), however $ETH and most high market cap alts have seen a significant increase in price before our monthly close, meaning we could very likely be starting the alt-coin season in this month.

For now, $BTC should remain relatively stable above $46,000 however a break below this level would take us directly towards a $45,450 retest (from where we will expect a very strong bounce).

Bullish confirmation, on the other hand, will come with a break and close with high volume above our $50,460 resistance.

photo_2021-09-01_19-12-49.jpg

   - Mr. Hiro
   - 1st Sep, 2021
#crypto #cryptoinvest #learninvesting #cryptonews #mining #bitcoinmining #btc
3 years ago in #bitcoin by
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