Target of BTC in the Current Uptrend
BTC's current uptrend is likely to reach the 40k zone, as it has previously touched trend line in this range. A consolidation is expected after reaching this level. Currently, there is no evidence to suggest that the market has the enough momentum to push BTC to higher targets. Therefore, it is prudent to wait and see what happens when BTC reaches the 40k zone.
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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.