BTC Headed to 49-50k range on next resistance point on Fibonacci
This is where the rubber will meet the road. This Bullish Flag Pole Trend Line Violation should push up off of these levels from 40k-44k should get us up to the next level of support/resistance at 48-50k range and afterwards should consolidate anywhere from 2-3 days to 3-6 weeks before pushing on to new all time highs; given overall market conditions and sentiments are primed for a confluence of events that are set to occur over the next 12 months. The upcoming spot Bitcoin ETF Approvals in addition to the Bitcoin Halving event in April of 2024 should send price to at least 130k if not higher. Exit strategy in the next 11-16 months when pie cycle top occurs as it has for the past 4 cycles since 2011.
Twitter: @EvanJon6287480
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