Bitcoin is maintaining the range from $43.6K to $48.2K. It does appear that this range has narrowed slightly and we are facing resistance at current levels around $46K. We will see if the hype from Tesla is enough to keep BTC in this range or if the fervor will subside and we will see a retracement. We anticipate that BTC will continue to range, but if we are wrong $41.9K would make an amazing price to buy back. Our next price target it $49.6K, which we can safely round to $50K. We could easily hit this by the end of the month
Trade closed: target reached:
After another breakout, bitcoin hits our target!! We anticipated this to happen sometime next, week, but momentum in cryptos is building...
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