Simply4ex

Bitcoin (BTCUSD) approaching the recent ATH. Where to next?

Long
COINBASE:BTCUSD   Bitcoin
BTC retraced to 50% fib level of last bull run and now approaching to test the ALL TIME HIGH at $58,500 region.

It very likely that the traders will take some profit off the table and the price will pullback to around $52K region before moving higher.

Stay tuned for the next target once price breaks $58K on a daily closing basis.

This idea is long term investment and not for intraday trading.

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