Dear community, hope all is well!
Bitcoin made history this week. A new all-time high has officially been printed and BTC traded above $70,000 on most exchanges.
I’m still waiting for the definitive break out. Historically, BTC has always traded at or just below the previous all-time high for a few weeks. It will try to break out several times, but the bears will push the price back. This will go on for a few days/weeks until the bears are exhausted, which will in turn lead to a massive break out.
I’m expecting the definitive break out to take us to $75,000 within an hour or two. You will know when the break out is “real” and when it’s not.
Keep a close eye on your leverage and alts. Some alts dumped as much as 20-30 percent in matter of minutes after the 70k rejection.
