Bitcoin — Let's Get Ready To Rumble 🥊
Boy, this was faster than expected. Just this morning, I mentioned that I believe Bitcoin will tackle the upper bull flag barrier during the weekend or early next week. Well, look where we are — it's only ~1% to go.
Background 👇
The support at 63.5k held perfectly, and we already discussed this morning that Bitcoin will likely continue to bounce.
However, the trend line represents strong resistance, and I expect either a rejection at the trend line or slightly above.
Nevertheless, since we have a solid bullish momentum, the optimal scenario is to break the trend line and retest as support.
Let's see what the weekend (and next hours will bring).
