BTC Ready for $50,000?
BTC has broken the high trendline and is currently backtesting.
A move lower could put us into the bottoming pattern previously discussed.
However, this could be the start of an impulse towards the $50-$60,000 range.
Timing of previous highs would put this high sometime Jan 16/17th.
That would make somewhere between the 17th and 21st the period of a major BTC pullback of 50++% (I still am hung up on $18,800)
Huge potential of major swings in the coming 10 days.
#buckleup
A move lower could put us into the bottoming pattern previously discussed.
However, this could be the start of an impulse towards the $50-$60,000 range.
Timing of previous highs would put this high sometime Jan 16/17th.
That would make somewhere between the 17th and 21st the period of a major BTC pullback of 50++% (I still am hung up on $18,800)
Huge potential of major swings in the coming 10 days.
#buckleup
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