PennyBagsCapital

Bitcoin top will be $33k

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BYBIT:BTCUSDT   BTCUSDT SPOT
BTCUSDT

Bitcoin will look for a local top around $33k for this leg of the bull cycle. From there, bids will be set for the retrace back to the $7500 area before we start the next leg working toward $100k+ ultimately

New long positions here carries high risk, low reward and you could probably get 5x the bitcoin sometime in Q1 2021 (Feb)

The orange fractal is what the future holds and only the chosen understand this

2020 was the year of market exuberance, will 2021 be a trend year or the year of the rug?

- PennyBags
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