#BTCUPDATE- 12.7.21
BULLISH BREAKOUT EXPECTED
Based on the general position of metrics and amount of stablecoin on exchanges bs BTC then it is looking strongly like a bullish break out is to be expected. WE almost saw it yesterday but it was met with a hard rejection.
Unfortunately we just don't know what FUD is around the corner and if itll be strong enough to push it down.
My predicted path for BTC in the relative short-term is to break up to
36K up to the 18th on the GBTC Grayscale unlock where we will see a sharp sell off from the shareholders, unless there is some heavily bullish news between now and then where we will simply see continued upward movement to challenge 40k.
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