I believe bitcoin will move upwards and hit the 50K mark soon within the next month or two.
Bitcoin is making moves very similar to gold - XAU/USD is forming a bullish triangle on the weekly and looks to be breaking out. I believe bitcoin and gold move in similar patterns and are both considered safe havens.
Technically, Bitcoin has broken above resistance, established a new higher high and higher low, and may resume the uptrend soon.
Bitcoin is making moves very similar to gold - XAU/USD is forming a bullish triangle on the weekly and looks to be breaking out. I believe bitcoin and gold move in similar patterns and are both considered safe havens.
Technically, Bitcoin has broken above resistance, established a new higher high and higher low, and may resume the uptrend soon.
Trade closed: target reached
