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William Noble | Source | Chief Technical Analyst at Token Metrics
William Noble
Chief Technical Analyst at Token Metrics
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Is Bitcoin Building Support Above $11,000?
Bitcoin has been fluctuating above $11,000 for more than a week, bolstered by positive developments. When will it convincingly break through $12,000?
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Bitcoin has a lot of psychological support near $11,000. TC has been underappreciated this year. That changed when Square became the second major corporation to put BTC on its balance sheet. The Square move makes the corporate CFO a new major player in the crypto markets. Our group has coined a new term to describe how bitcoin holds up so well. We call it FOHO, or Fear of Holding Off.
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