Bitcoin passed $50k and now $55k in a quick succession... to set a new All Time High (ATH) at $57,553.
Will we stay here long? No! We will most certainly push higher towards $60k where I expect a reaction in price, either we blow off into the Moon or we will see some quick correction after pumping hard.
So keep a close eye on the $60k level and watch the price action. Bitcoin remains incredibly bullish for now, especially on daily timeframes. Volume could get some improvement, but otherwise we're looking sharp.
As long as our uptrend is maintained, we should soon test the $60k level which is also a key psychological level and 3x from our old ATH.
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Will we stay here long? No! We will most certainly push higher towards $60k where I expect a reaction in price, either we blow off into the Moon or we will see some quick correction after pumping hard.
So keep a close eye on the $60k level and watch the price action. Bitcoin remains incredibly bullish for now, especially on daily timeframes. Volume could get some improvement, but otherwise we're looking sharp.
As long as our uptrend is maintained, we should soon test the $60k level which is also a key psychological level and 3x from our old ATH.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
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