P_S_trade

BTC - 4h. The correction is complete. the next target - $50,000.

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BITSTAMP:BTCUSD   Bitcoin
Good morning everyone! Bitcoin buyers have started a new wave of growth.

Our previous BTC idea worked out.
The main prerequisite for this was the closing of yesterday's day candle. Buyers were able to fully absorb the previous day candle of the sellers, showing their strength. Therefore, most likely, the correction of the BTC price is over and buyers will break the mark of $35,700.

After fixing above the mark of $35,700, the next critical point before updating the historical high is the range of $39,200-40,500. Having established itself above this range, the price will go to the renewal of the historical high.

Strong altcoins are preparing to grow and are waiting for a new stop BTC. For example, our ideas for DOGE XLM and GRT work perfectly. January ends on a positive note. Have a good day and be careful with marginal leverage in such a volatile market.
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