PolarHusk

BTC/USD (New All-Time Price)

BITSTAMP:BTCUSD   Bitcoin
💎Technical Analysis Summary💎



BTC/USD

-After consolidating inside the ascending triangle pattern for many weeks
-The bulls finally pushed the price into a new all-time high
-The price almost hit the level of the 65k dollar
-If we can see more follow-through from the bulls
-I expect the next upside target is 70k dollars
-But if a pullback is in play, the 60k region might be a good rebuy zone
-For now, let us all celebrate this new level of the trading area
-Don't worry about your altcoins holdings
-They will have time to bounce back fast once BTC starts to move slow or consolidate
-This is part of the market cycle with regards to money flow
-I'll start preparing new swing trade setups in Alts :)



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