Bitcoin is at $51K!! It is just under $2K away from our next target of $52.8K! This should easily be achieved by the end of this week. We are seeing struggling channel pattern, however, so we may see a retracement, at least to the lower bound of the channel which should put us somewhere around $47.3K. There is very strong support at $45.6K. After that, there is a vacuum zone down to $41.9K, which Bitcoin is not likely to test but we should be aware of it anyway.
Trade closed: target reached:
Aaaaand TARGET REACHED!! That was quick!!
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