Bitcoin to $65K if this happens

Warning: our thoughts are ours; not financial advice.

We are back into the bullish days. We think this will continue for a while, maybe till the end of next week.

Our expectations are high for bitcoin.

Firstly, we do not think the bulls market is over, our indicator is yet to signal that.

Nevertheless, things change so quickly, that's why there's a need to take profit at the most critical levels.

In this regard, we believe bitcoin could make a run for the 65K if the asset closes above our 21 MA line at the end of today.

We had previously said bitcoin would hit the 62K mark in a previous bitcoin analyses post we made. We just raised the bar.

However, at the present high, we'll take some profit and let the rest of the bag soar to heights we expect to see bitcoin in the coming days.

Good luck everyone. Stay profitable.