$BTC What's next after this massive breakout? After consolidating for 2 weeks above $50K, BTC has printed a god candle to the upside backed by substantial volume. It only stopped temporarily at the $54K resistance before smashing through it. Currently BTC is in the middle of nowhere, and 3 possible scenarios can occur:
1) Extremely bullish case - BTC climbs up to our eventual target of ~$58K then consolidates while altcoins catch up.
2) Very bullish case - BTC comes down to retest the $54K as support before making its way up to $58K.
3) Bullish case - BTC comes down to retest the top of the previous consolidation range at $53K before climbing back up to $58K.
There is no bear case in these market conditions - any dips are an opportunity to buy. $ETH and its BTC pair has broken out of a major HTF trend and the majority of altcoins look like they're about to go on a massive run.
