So the most likely two scenarios include a bullish breakout above the all time high to spark renewed enthusiasm which could potentially push BTC above 50k. On the flipside however, failure to hold above the all time highs, might unleash the vicious blood hounds if you catch my drift.
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Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
It's done, buddy. Time to breaking all-time high now. Relax
xjoniknow
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@RyodaBrainless, I been following Michael on his BTC and ETH calls. They have so far been pretty solid. He makes timely updates when the course changes.
Michael_Harding
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@xjoniknow, thanks for following and supporting :)