Bitcoin is flying. Market Analysis (BTC)

Words
133
Reading
1 min
Listen
Play
6y

60306a02e5d8a_imagename.jpg

Everything is going in principle as I expected (except for the timing). If BTC closes the day above 50k, then after consolidation in the range of 50-52 thousand, we will expect a new round of growth, which we are now observing.

After the breakout of the bullish flag, a fairly moderate upward movement followed, which made it possible to update the ATH. Specifically, now BTC has already overcome the level of $ 55,000 and is already aiming for 60,000. At the time of writing the post, it is already $ 56,550.

From the current one, it would be good to go for a small correction/pullback and resume growth. But so far, there are no special hints of any correction. The market is gradually goes up, updating the vertex by vertex.

2bP4pJr4wVimqCWjYimXJe2cnCgn7xrg7W1LrT7VohY.png

Bitcoin is flying. Market Analysis (BTC) | Ecency