Good morning Guys, here we are at 50k for BTC. The market is very bullish both in medium term and long term. The price of BTC is Consolidating for some time now. However, the new resistance is at $50500 for BTC if in the next couple of hours we break and hold above get ready for 51-52k for BTC and we might see a small correction from there.
Secondly, if we break the triangle to the downside we may see the price come to 49500k level and then pull up from the support.
Follow Hazucci for medium and long term price updates of major Cryptocurrencies.
This is not financial advice, do your own research before taking any action.
52k is likely!
38%
52k is unlikely!
62%
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