Bitcoin has come back up following a similar pattern in January. If the gains are similar in any way then my next parabolic move target would be 85k. Over the weekend, the 1.9 trillion stimulus package was passed which started to move bitcoin and following up with a close above an important key level breaking the downtrend consolidation.
As with crypto... anything can happen and we could very well head down from here, BUT this bull cycle is far from over so the odds historically and technically are with the bulls, and this year fundamentally is with the bulls as well, therefore I would suggest getting in now before the bitcoin train leaves again to new ATH's
As with crypto... anything can happen and we could very well head down from here, BUT this bull cycle is far from over so the odds historically and technically are with the bulls, and this year fundamentally is with the bulls as well, therefore I would suggest getting in now before the bitcoin train leaves again to new ATH's
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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.