BINANCE:BTCGBP Bitcoin / British Pound
Bitcoin has hit the 50 day MA today after $900 million has been liquidated. This has caused bitcoin to start forming a second shoulder in a pattern on the 1 day chart. At the time of writing bitcoin is $49,000, following the pattern bitcoin could see $55,000 before further plummeting to $40,000. However, if bitcoin rebounds from the 50 day moving average it should pass all time highs of $67,544 to possibly see $100,000 by mid January.