Bitcoin did what we all wanted it to do and cracked the prior all time high set back in the summer.
This occurred as part of the move we've seen off the 40k area and now that we are here the question is what comes next for bitcoin price.
This move is roughly the same size as the move we got when price rallied from 30K into the low 50's so there could be an argument that we consolidate here for a bit, however when a new ATH is reached we often see price push a little more.
It should be interesting and I like that price is testing the ATH level as support while I type this. We'll see if that plays out but either way I break down these thoughts and more in the video.
Posted Using LeoFinance Beta