Is Bitcoin headed for $58,000?
I see a lot of bloggers predicting $58,000 or even $55,000, but don’t overthink it. Bitcoin is likely to consolidate around $60,000 and then quickly rise to about $62,500 to $63,000. Once everyone turns bullish and starts chasing, it could drop back to $56,000.
If you check Bitcoin's daily chart and then compare it with the weekly chart, you’ll see the pattern.
What’s your take on BTC? Let me know in the comments below.
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