We have seen the big leg up from the ascending triangle and moved towards the resistance around 42k. We broke through it like it was paper.
These moves often start people getting in to shorts and "betting" against the market. It's a natural instinct, like getting 10 reds in a row in roulette, soon it has to be black, right? No.
The smart move is to move with the market and take your position reactively. At the moment Bitcoin is NOT showing any signs of stopping so we will move with the trend until it shows otherwise.
My PREDICTION, just because everyone wants to know it, is that Bitcoin will move to 48k, maybe after 42k retest, and then something will happen. I will NOT place any "bets" on these predictions. I will place my bets REACTIVELY.
These moves often start people getting in to shorts and "betting" against the market. It's a natural instinct, like getting 10 reds in a row in roulette, soon it has to be black, right? No.
The smart move is to move with the market and take your position reactively. At the moment Bitcoin is NOT showing any signs of stopping so we will move with the trend until it shows otherwise.
My PREDICTION, just because everyone wants to know it, is that Bitcoin will move to 48k, maybe after 42k retest, and then something will happen. I will NOT place any "bets" on these predictions. I will place my bets REACTIVELY.