Bitcoin much like some of the names we've spoke about like CRWD and UPST is following a similar pattern and structure.
We are expecting some bullish activity to come in to bring Bitcoin back into the 35-37k range but ultimately heading back down to sub 20k is its next move.
18k+ to be exact.
We love Bitcoin & Crypto.. However in this Risk off environment and inflation running hot it will continue to act as a catalyst to drag cryptocurrencies down.
Note: We do have Bitcoin at a million dollars or more by year 2034/35. We will discuss more about our mid/long term outlook on BTC soon however we dont think 18k is the low or bottom of BTC.
We are expecting some bullish activity to come in to bring Bitcoin back into the 35-37k range but ultimately heading back down to sub 20k is its next move.
18k+ to be exact.
We love Bitcoin & Crypto.. However in this Risk off environment and inflation running hot it will continue to act as a catalyst to drag cryptocurrencies down.
Note: We do have Bitcoin at a million dollars or more by year 2034/35. We will discuss more about our mid/long term outlook on BTC soon however we dont think 18k is the low or bottom of BTC.
Comment:
BTC is still struggling at the 30k level. the move to 20k is still coming in hot
Trade closed: target reached