Bitcoin might extend to $60000

In my previous analysis, when Bitcoin was below $40,000, I mentioned that it will continue to rise seeing that the bulls have confirmed their strength after breaking the falling wedge. In my view Bitcoin has attracted attention again and after breaking the psychological 40000 level, we can expect the bull run to continue in the coming days.

I will go long immediately after the violation of the bull flag on lower timeframe and looking to 59000.

Check out my previous analysis on Bitcoin below.

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