Is Bitcoin Ready For Another All-Time-High?! I Think So!!!

@leveragetrading · 2021-02-28 21:21 · LeoFinance

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These lines that I've drawn are very important. Bitcoin is on the verge of breaking out. And I strongly believe it's going to break out to the upside because that's how descending triangles most often work. This Bitcoin breakout will boost all cryptocurrencies including $HIVE!

If however we break to the downside, I will be watching the support at $40,000! If that support doesn't hold, Bitcoin will be in trouble. I highly doubt that such a scnario would unfold given the current climate in politics and economics with the US about to print another $1.9T out of thin air!

Follow me if you don't already as I plan to share more of my thoughts on potential breakouts of different assets, esp. cryptocurrencies!

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#bitcoin #litecoin #dogecoin #hive #cryptocurrency
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