AnsonA4

Key test at the 60K mark for BTC

COINBASE:BTCUSD   Bitcoin
As BTC soars in full breakout, a key test is approaching. BTC will be wedged between a MAJOR trendline - the upper trend line that has been in tact for this entire bull run - and a minor trend line that is has been following for two weeks. It will either smash right through it and continue it's rise into the 60K price range or it will consolidate down and likely retest somewhere where just above the 50K mark. A retest would probably be the healthiest path for BTC right now but, with how bullish it has been, I would not be surprised to see it break above the long term trend line. Good luck!

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