Bitcoin is currently approaching 20K.
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The rocket is close to reaching its destination, the only question left is, would we have a smooth landing or a crash after we reach our destination.
The double bottom pattern completed with a candle that is bullish. There is a high possibility of reaching 21K before a correction next month.
Img src: Pexels.com
14K support range
The rough zone of correction that Bitcoin price is going to crash towards if we do have a correction. However, that also depends on what the 20 week MA is by the end of next month as it is increasing every week by around 400 USD.
This is my rough sketch of what it looks like. However, we may have a temporary correction just around the corner as long as we hit above 20K.
Wish you get a Merry Christmas. Stay safe and keep investing and learning.
@luueetang