Speculation: New price target 63k followed by correction to 50k?
Complete speculation based on prior price activity from the last bull cycle...
Our current run-up could have legs up to 63k, followed by a supported pullback to 50k, followed by a resumption up through the end of the year. There would be many small pullbacks along the way of course.
One thing is certain, we have entered timeframe of heavy manipulation by some very large financial institutions. They will do whatever they can to shake you loose. Exciting times!
DYOR + NFA = Protect your profits by doing your own research.
Our current run-up could have legs up to 63k, followed by a supported pullback to 50k, followed by a resumption up through the end of the year. There would be many small pullbacks along the way of course.
One thing is certain, we have entered timeframe of heavy manipulation by some very large financial institutions. They will do whatever they can to shake you loose. Exciting times!
DYOR + NFA = Protect your profits by doing your own research.
Comment:
And simply a note that we have two possible pullback targets. However the current trend is away from these locations.
