FieryTrading

🔥 MATIC/BTC Near All-Time Highs: Great Long-Term Outlook

Long
BINANCE:MATICBTC   MATIC Network / Bitcoin
MATIC has been one of my favorite alts of the last bull-cycle. It was also one of the majors gainers back then.

Interestingly enough, MATIC/BTC is currently closing in fast on its all-time high value. Which is, in my view, an incredible bullish thing. This indicates that, even when the market is bad, investors are still placing a lot of trust in this token, equally much as in May of 2021!

Personally, I think we're currently trading in a huge bull-flag, only waiting to break out. Once we break out, I'm looking for a MATIC/BTC value of 10,000 and 8,000 (omitted the zero's).

I'm confident that the next cycle will be great for MATIC.

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