Yesterday I made an analysis on Bitcoin where I predicted a drop towards the green area, followed up by a reversal from said area.
Both the drop and reversal happened very quick, and we were back at $50k in a matter of hours.
A couple of hours ago, Bitcoin has finally breached the $50.5k resistance line and nearly hit $51k in the process. With Ethereum leading the market, I think it's a matter of time before Bitcoin will continue moving up.
Next main resistance target is $52k. I'm expecting this target to be reached in the next three days. Mid-term target is based around $55k, would be amazing to reach this area within the next 10 days!
Happy trading!
Both the drop and reversal happened very quick, and we were back at $50k in a matter of hours.
A couple of hours ago, Bitcoin has finally breached the $50.5k resistance line and nearly hit $51k in the process. With Ethereum leading the market, I think it's a matter of time before Bitcoin will continue moving up.
Next main resistance target is $52k. I'm expecting this target to be reached in the next three days. Mid-term target is based around $55k, would be amazing to reach this area within the next 10 days!
Happy trading!
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