$100K Bitcoin??

Bitcoin has reached our profit target of 52.8K!! Actually for the pendantic it reached $52566, but close enough. We are currently finding resistance here and will likely form a consolidation pattern before the next breakout. The levels 49.7K, 48.2K, and 45.6K will all provide support. Those latter levels are unlikely but one can hope. Our next target is 55.7K. At this rate, we could have 100K Bitcoin as early as this summer. Institutional interest keeps driving buying and sentiment for cryptos.