Based on the ascending channel that BTC has been in since exactly a year, I am optimistically confident that we could see a breakout to above 70k in the near future. Alternately it is also possible that we retest the bottom of the channel in the 40s. If that happens I am planning to buy more.
Also the middle of channel has a line drawn as well and I see BTC continuously using this line as support and resistance. I perfect bought the dip for BTC at 51k recently using this.
What do you think and what are your short term and long term price targets?
Also the middle of channel has a line drawn as well and I see BTC continuously using this line as support and resistance. I perfect bought the dip for BTC at 51k recently using this.
What do you think and what are your short term and long term price targets?