You know that someone has not given up when you observe their effort, their continuous advance and their struggle.
Boy, these words were the ones that came to my mind when I woke up. Those and "God thanks for a new day."
Waking up and observing such a positive market, but with a low volume, from my point of view, made me reflect on a few words that Bill Gates mentioned regarding cryptocurrencies.
You may not like this man. However, that is irrelevant to any opinion or thought that emanates from him, more words, less words he said something like this: People like to gamble, a craze has been unleashed with bitcoin that makes a price too volatile.
These words make me reflect on what are we really doing? I am almost certain that at least 60% of new retail traders are not sure what they are doing, but they see profits and knowing what to do is irrelevant.
It is, perhaps, known that financial crises tend to generate new millionaires to catapult, or sink socio-economic levels.
And I wonder are you really in Bitcoin and cryptocurrencies are creating the future, or just prolonging the system we already have?
A somewhat profound question, but this is not the means to analyze it.
Let's review the interest levels for this weekend, in Ethereum and BTC in my new analysis for Cryptocurrency, but … I leave that reflection for you to think a bit.
The daily candle looks very promising. The $ 54,000 is looking closer and closer.
Bitcoin is approaching $ 53,000 and the bulls led, perhaps by the FOMO, do not stop pushing up and the bears do not miss the opportunity and also take a slice of the cake. Total … there is for everyone.
Bulls know that just $ 53,000 will give them the boost they are looking for to reach $ 54,000 and beyond.
But they know that it is a tough fight with so much uncertainty and a market that only knows how to inject money … Like the Nasdaq? Wink, wink.
The bulls maintain control of the BTC, as long as they are able to sustain above $ 52,000–51,600.
The price can walk in these areas before breaking $ 53,000 and target the $ 54,000.
But they must be careful. The bears are on the prowl and may surprise even over $ 53,000.
Bitcoin bears will be stronger below $ 51,500, so we must be on the lookout for deep corrections in case of breaking out of this zone and holding. Pay attention!
Ethereum daily candles look very promising, the market and investors are still waiting for the $ 2,000.
Volume is still low, but upward pressure continues. ETH, as long as it remains above $ 1,913, has the probability of continuing its path towards the expected goal.
The stage promises. Ethereum bulls must outperform, at least in the short pazo the $ 1,950, if they want to stay up and exceed the target.
Below $ 1,900 is a good support that, if expired, May take price to rest at $ 1,880–1,860. You have to be vigilant!
Where to take advantage of these levels of Bitcoin?
If you want to profit from every move, rise or fall, of Bitcoin, Ethereum, XRP, Litecoin, Dash, Zcash, Monero, and many other cryptocurrencies, you should look to Stormgain.
And this is a leveraged exchange that is revolutionizing the world of cryptocurrencies, due to its high level of leverage, ease of use and its innovative system for mining BTC in the cloud. In addition to being the official partner of the Newcastle team in the Premier League.
The best thing is that StormGain is offering 25 USDT to its new users.
This exchange has become a favorite of traders in recent years, thanks to its friendly interface, which makes trading with leverage (up to x200) very easy, even for the most novice traders.
Therefore, exclusively for users of Cryptocurrency, Stormgain is giving away 25 USDT with the first deposit, which must be a minimum of $ 110.
All you have to do is enter this link, register by entering the promotional code BONUS25 and make the first deposit of $ 110 or more, to start enjoying cryptocurrency trading with leverage up to x200.
In addition, once registered with that link and made the deposit of the $ 110 in your account in StormGain, in any cryptocurrency accepted by the platform, users will be able to enjoy free trading courses and free trading signals, offered by the platform SignalsCryptocurrencies. Portal that has already been generating great profits for its users.
They just need to follow the steps above and submit proof of deposit, along with your StormGain username, to the telegram of @MendozasWork or to that of @ rolandogarcia210989.
Promotional Code: BONUS25
For more information head over to the StormGain Telegram group: https://t.me/StormgainLATAM
Analysis by Saul Cano of Trade and Hold for CCN