Wikiwicks

BTCUSD preparing the launchpad for 50k

Long
BITSTAMP:BTCUSD   Bitcoin
#BTCUSD (4H):

Priced soared again to take 40k, but found a strong resistance, If this high holds, I'm expecting the price to retest 34 once again to confirm the consolidation formation before the next impulsive move.

Should we see a break above 40k soon and 50k will be just a matter of days/weeks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.