In my previous analysis, I said that I expect a violent break above 20k and, indeed, after breaking above 20k resistance the cryptocurrency has risen around 40%. After reaching an intraday high at 28300, Bitcoin corrected towards 25800 but bulls quickly regained control and at the time of writing the price is 27100. I expect a new leg up in the near future and 30k can be the first target.
Buy dips around 26k is my strategy and only a daily close under 24k would change my strongly bullish outlook
Buy dips around 26k is my strategy and only a daily close under 24k would change my strongly bullish outlook
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