Bitcoin has broken through both $39,696 and $41,337 resistance levels, now looking at hitting the $54,028 level placed at the 2.618 Fib.
BTC is obviously in a bullish swing and adding fuel to that fire is Elon Musk buying 1.5 billion dollars worth of Bitcoin with the Tesla balance sheet. The company has also said that it will start accepting the cryptocurrency for customers who chose to pay in bitcoin rather than fiat currency.
There is no resistance in Bitcoin's path to 50k and even nothing until the $54,000 level at the 2.618 Fib. BTC is going to fly 🚀
Trade active
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BTC painted two bearish daily candles, but is now heading towards new highs at $54,000 as seen on this daily timeframe.
Literally just jumped on crypto and bitcoin on 2 days ago and no regrets so far... so far speculations looks good overall. I'm expecting a dip somewhere but a regain plus more along the way.
kyer
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@neyus Buy and HODL is the best trading strategist