In my last Bitcoin post, I said that I don't believe in 60k+, but, as the market change, so do my opinions.
Yes, I still think that we will have a correction on Btc, but it seems now is not the moment and a break above the previous ATH looks imminent
From a technical point of view, Bitcoin is very well bid above 54-54500 zone and it has strong support at 52k. The price is consolidating at this point just under the previous ATH and it would be, too, TOO obvious to drop from this resistance.
That being said I will look to buy a dip around 55k with a target at 62 and only a dive under 52k would change my opinion at this point.
Yes, I still think that we will have a correction on Btc, but it seems now is not the moment and a break above the previous ATH looks imminent
From a technical point of view, Bitcoin is very well bid above 54-54500 zone and it has strong support at 52k. The price is consolidating at this point just under the previous ATH and it would be, too, TOO obvious to drop from this resistance.
That being said I will look to buy a dip around 55k with a target at 62 and only a dive under 52k would change my opinion at this point.
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Small triangle before continuation?
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Now let s see it above 60k