BTC Wavy Path to 50K

١١ يناير

In my previous post, the 43300 level was the 50% line and became the prevailing support. Now, this level becomes one of the main support levels and passes its responsibility to 45100 level to act as the prevailing support. This clearly confirms a slow but definite up trend. This trend tends to continue after the price retest the 45900 level of support. If this level is strong enough, BTC will attempt to break the 47300 level. When this happens, we could witness waves of price fluctuations between the range of 47300 and 48900 price levels. A breakout of the 48900 level will increase the probability of reaching the 50K level.

BUY and HODL today!

/please DYOR/trade at your own risk