A couple of days ago I made an analysis on BTC's pending break out through the $45k area. Today's huge candle is literally the best case scenario for the bulls. All resistances have been obliterated and the way to $50k is practically free of any obstacles.
Be aware that there's potential for a minor dip in the coming days. We've been in the green for 6 straight days, so 1-2 red daily candles are only healthy for the trend. If we keep on blasting all the way to $50k, the correction might be deeper than if we get a correction now.
Happy trading!
Be aware that there's potential for a minor dip in the coming days. We've been in the green for 6 straight days, so 1-2 red daily candles are only healthy for the trend. If we keep on blasting all the way to $50k, the correction might be deeper than if we get a correction now.
Happy trading!
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