# Crypto is Too Big To Ignore

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Last modified: 2021-10-06

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By Paul Ebeling · 2021-10-06
Tags: Shayne Heffernan on Investments, buy, resistance, Paul Ebeling, Bitcoin, Crypto, crypto, ether, cryptocurrencies, Bitcoin, Ripple, Ethereum, Knightsbridge Insights, Dogecoin, Non-Fungible Token, Knightsbridge, SafeMoon, NFT, Blockchain, DeFI
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#cryptocurrencies

$BTCUSD $ETHUSD $GBITS

*"Key market strategists have and continue tp endorsed crypto as a new asset class, helping drive Bitcoin back to $50-K each" *-- Paul Ebeling

Gains have brought prices to the highest since El Salvador made Bitcoin a legal tender in early September. A bullish Bitcoin is currently attempting to close above $50k on a daily basis.

Several altcoins are experiencing gains due to the strength of Bitcoin at the time of writing including GBITS.

Olumide AdesinaTue, October 5, 2021, 10:51 PM

Bank of America Corp. strategists endorsed crypto as a new asset class, helping Crypto surge above $50k.

Gains have brought prices to the highest since El Salvador made Bitcoin a legal tender in early September. A bullish Bitcoin is currently attempting to close above $50k on a daily basis.

Several altcoins are experiencing gains due to the strength of Bitcoin at the time of writing.

Bitcoin is *“too big to ignore,”* as the interest in cryptocurrency is increasing on Wall Street despite its many controversies, according to a report from BoA, America’s 2nd-largest bank.

Its latest rally Bitcoin broke 2 priors resistance marks and is now trading at the upper end of its 2-month-long consolidation range.

Key crypto analysts expect the coin to test its all-time high around $65-K soon.

A breakout above 52.9-K targets the all-time high if the short-term overbought conditions can hold long enough.

We view dips in price as a buying opportunity, so we move in to buy the dips when they occur.

Have a prosperous day, Keep the Faith!

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