cryptoezvip

BITCOIN Forecast - $51K In Play

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
As opposed to the gospel $98K forecasted by PlanB, our own technical analysis suggests that Bitcoin is "actually" headed for its regional support at $51K over the near-term. If support holds, a bounce to $62K could materialize over the next 2-3 weeks. Good luck!
Comment: The time taken for BTC to test the $51K support region is longer than anticipated. The updated chart below has extended that timeframe so it should be easier for you to read. We are still expecting $51K because the fundamentals have not changed.


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