Friends, this is just an update from my last chart. As mentioned in my last commentary, the superimposed trend line was key. This break of the upsloping trend line now places 
54K as the next major obstacle for 
BTC to leap over. While I would love to say we will do it with one massive candle, I am not a fortune teller. What I could see is some volatility between $51K-54K for the near term. If your a Bear (and I am not sure why you would be), your hoping for a break of $49.8K Until we meet again friends, let the good times roll! :)
54K as the next major obstacle for BTC to leap over. While I would love to say we will do it with one massive candle, I am not a fortune teller. What I could see is some volatility between $51K-54K for the near term. If your a Bear (and I am not sure why you would be), your hoping for a break of $49.8K Until we meet again friends, let the good times roll! :) 
JT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.