BTCUSD is heading for new high 50K

Hi there,

BTCUSD is still in strong bullish trend and about to form new high.

Watch price action at top for breakup then look for it to keep pushing higher all they way back to 50k.

In case price struggle at the top and fall back sharply then look for one more leg lower back in the flat.

Good Luck

Note:

Trading on BTC at current price levels is highly risky so use proper risk reward before trading on BTC . Only trade BTC if you can handle high volatility .