Bitcoin still got steam in its rocketship? or Time to refuel?
Bitcoin has been on a nonstop trip to 50k. Today it broke out of the flag and headed to 51.6k. I'm skeptical of a pullback, just based on the history of Bitcoin. The thing is... 2021 is a whole different story for the asset and the money coming in is not what it was in 2017.
Long story short, if bitcoin closes above the bull flag, I think it's going to 55k.... If we start to see some weakness in close and a rather ugly close, I would suspect a pullback is coming.
Long story short, if bitcoin closes above the bull flag, I think it's going to 55k.... If we start to see some weakness in close and a rather ugly close, I would suspect a pullback is coming.
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