Bitcoin without Brake in the middle of a great Pandemic
The world’s largest digital currency continues its flight by hitting yet another ATH, now over $ 25,000 dollars. Really impressive!
Graphically speaking, BTC is very stretched and needs a stronger correction to rise in a healthy way.
But in the end, the market is in charge.
The targets with the Fibonacci extension are indicating an initiative still for the range between $ 25 thousand and $ 32 thousand making a projection in 100% and 161.8% of Fibo.
The corrections ask for a first point at $ 21,800 and then, more difficultly, at $ 19,666.
Check out the analysis in the video above!
Bitcoin without a brake has a new ATH
On December 25th – as a Christmas present – BTC reaches the milestone of $ 25,903.50 this being its new highest value in history (for a while!). The point is that cryptocurrency has been breaking record after record and every day we see more chances for new ATHs.
Let’s keep an eye out.
Of the targets in the video, what do you think is the next step?