Don't Miss Out! Bitcoin Support and Resistance to Ease Your Mind..

OK, So looking back at the last 9 months or so I've clearly outlined the support and resistance zones that have been carved out by the price action. In the conclusion of the last 3 run ups (which came after breaking a prior resistance and making an ATH) price has pulled back to the previous resistance zone. This has just proved to be true for the most recent pullback in BTC from the most recent ATH of ~20K to the previous resistance (now support) of around 8K.

So now you've seen it. Forget about all FUD and main stream bombardment of crypto and look at the raw percentages of what has occurred here:

From August to September BTC surged ~66% from 3-5K!
As a result, BTC pulled back ~40% from 5-3K!

From October to November BTC surged ~60% from 5-8K!
As a result, BTC pulled back 37.5% from 8-5K!

Now here's the crazy part..
From mid Nov to mid Dec BTC surged 150% from 8-20K!!!
As a result BTC has now pulled back ~60% from 20-8K!

Each of the previous resistance zones have turned to support following a new ATH.

So what does this mean looking forward? ---->Check this out-------->

So I'm definitely bullish on BTC so It's a little biased but it seems pretty straight forward to me. If history repeats itself (which it often does) this is what we might be looking at in the very near future.

This is the beginning of a revolution. HODL. The trend is your friend.

Always keep in mind that this is just my opinion! Happy trading!