Seems like we're stuck in a wedge at the moment, but certainly expecting a clear direction for Bitcoin next week. Will it continue up and test that $60,000 level and possibly rise higher, or is Bitcoin due a larger correction? Looking at the long term 'corridor' Bitcoin has been between trading in it looks like we are due some higher prices, but we'll have confirmation soon! A drop next week could be significant.
Even if we can get past $60k, how much higher will it run? Looking at the peak in Feb to the peak in March, we only gained ~$3k. Would a peak in April get to $65k, $70k, $80k?
Would be interested to hear some thoughts. Personally, I won't be buying more until I see a clear direction. We're at a cross roads, 50% chance of going up and 50% of going down.
Let me know your thoughts on what you think will happen next week
Even if we can get past $60k, how much higher will it run? Looking at the peak in Feb to the peak in March, we only gained ~$3k. Would a peak in April get to $65k, $70k, $80k?
Would be interested to hear some thoughts. Personally, I won't be buying more until I see a clear direction. We're at a cross roads, 50% chance of going up and 50% of going down.
Let me know your thoughts on what you think will happen next week
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