Market Update for upcoming days

in #btc3 years ago

Not too much going on. Just consolidating after the 8-9% move we made from the bottom to the top. Perfectly normal.

We're building a nice bull flag here so I reckon we'll break out soon-ish and head towards 50K+.

We may visit 47.5K to hit the .5 fib level but with the stock market sitting almost at ATH I doubt we'll go much lower than this during this consolidation.

Whichever happens is fine though. Still a lot of shorts to be squeezed.
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