This is my analysis of the cryptocurrency. The bitcoin craze is leaving people thinking if it's too late to buy the cryptocurrency. Per my analysis I'm expecting two scenarios to occur. Bitcoin could bounce from where it currently is ($30,000) and create new highs around the $50,000 level. In the second scenario, I'm expecting the bitcoin to fall further to the $20,000 level before shooting up. Personally, I'll be waiting for the second scenario before investing in the cryptocurrency. Note that this is just a speculation and not investment advice. You invest in the cryptocurrency at your own risk.
Trade closed: target reached:
Went exactly as forecasted