Bitcoin battle for 50k will be glorious one way or another
My bias is down big first before going higher down the road. This looks like a resetting of the bearish trend to me.
If 50k fails and dips, then the big pictures looks like we are making a right shoulder and the bear trend would continue back to test 30k. I could be massively wrong and BTC goes all the way to highs. 50k is the line in the sand. Let the price discovery battle rage on.
Disclaimer: I know nothing and cannot predict the future. Listening to me will lose you money.
If 50k fails and dips, then the big pictures looks like we are making a right shoulder and the bear trend would continue back to test 30k. I could be massively wrong and BTC goes all the way to highs. 50k is the line in the sand. Let the price discovery battle rage on.
Disclaimer: I know nothing and cannot predict the future. Listening to me will lose you money.
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