Why bitcoin needs to break $22000 to confirm a bullish move
The bitcoin market tends to be on ranging mode for weeks now and many traders are wondering when bitcoin will move in a clear direction though there are so many traders who believe that the bitcoin market is still in a bearish season and the price might go lower..
As for me I think bitcoin is about to begin its bullish move and my indicators are showing me buy signals , a break above $22000 will confirm my bullish sentiment because there is a strong resistance at that $22000 price mark and the bitcoin is finding hard to stay above that price, a break above it will confirm that the bullish trend might start on the bitcoin market..
But it seems the bears are still trying so hard to defend the bearish trend on the market and that is making it difficult for bitcoin to break some certain resistance on the price chart...
Posted Using LeoFinance Beta
I believe that some fundamentals are the reason why the bitcoin seems to be in the bearish season , e.g the ukraine russia war going on , the inflation in U.S..,etc..
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