Bitcoin
Long

Bitcoin back to 20K

150
Is it most likely that bitcoin takes another 6 months to a year to reach an all-time-high again? Sure. However, if you look at the current price structure, we are in a brief consolidation before the next move. If you look left, you can see a very similar price structure before the big move to the upside we saw last year. Will we repeat? The jury is out, but the hype is in full effect and altcoins are pumping like crazy. We are likely to see a decision in the coming week and my thinking is we have a stronger case for much more upside rather than downside.

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