Currently first time in the history of Bitcoin cycle it have broken an all time high before the halving. We are currently above the resistance in the monthly time frame form the last ATH, if we flip this area to support I will expect a 60% move up towards 115K-120K however if we reject and fall below 55K we can see a price drop towards 24K-10K.
Until this monthly candle close we will know the direction of the market.
Until this monthly candle close we will know the direction of the market.
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