BTC to test 42.5k
Updated
Don't short this run, in my opinion. The sentiment on BTC is bullish. The prices are recuperating from the tesla scare and worries of market manipulation. Despite that and regulatory scares, companies and countries are easing into mass adoption.
I think we'll pass 42.5k and find it as our new support, and it's likely we'll have enough momentum to push much higher with institutional pumping.
Critiques welcomed.
I hope you all make money.
I think we'll pass 42.5k and find it as our new support, and it's likely we'll have enough momentum to push much higher with institutional pumping.
Critiques welcomed.
I hope you all make money.
Note
We've definitely broken resistance. Things appear oversold on the daily RSI.Hard to say how much of a run this will make, but the volume is there for it to make a solid run upwards.
I think we'll be testing support at 47k here very soon.
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