Bitcoin - Stuck in a wedge
Seems like we're stuck in a wedge at the moment, but certainly expecting a clear direction for Bitcoin next week. Will it continue up and test that $60,000 level and possibly rise higher, or is Bitcoin due a larger correction? Looking at the long term 'corridor' Bitcoin has been between trading in it looks like we are due some higher prices, but we'll have confirmation soon! A drop next week could be significant.
Even if we can get past 60k, how much higher will it run? Looking at the peak in Feb to the peak in March, we only gained ~3k. Would a peak in April get to
65K, 70k, 80k?
Would be interested to hear some thoughts. Personally, I won't be buying more until I see a clear direction. We're at a cross roads, 50% chance of going up and 50% of going down.
Let me know your thoughts on what you think will happen next week
Even if we can get past 60k, how much higher will it run? Looking at the peak in Feb to the peak in March, we only gained ~3k. Would a peak in April get to
65K, 70k, 80k? Would be interested to hear some thoughts. Personally, I won't be buying more until I see a clear direction. We're at a cross roads, 50% chance of going up and 50% of going down.
Let me know your thoughts on what you think will happen next week
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