Thoughts on Bitcoin.

The market is resting for now, after the bullish impulse. Money has started to flow out of Bitcoin and in a week it has lost more than 3% in dominance over other cryptocurrencies. If this continues, we can go below the low at 90,000, if we fail to hold 90,000 we can go to the 84,000-81,000 area.

But since we have a bullish momentum, we can go straight from the current one to 105,000-107,000. I think we will end up at the top in any case, even if we see a correction to 81,000. No deals yet, waiting for specifics from the market.

#BTC #Baluutrade

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