Chart shows the possibility of the BTCUSD bullish cycle and the targets.
BTC tested 2017 peak at 18-20k. This can be attributed to the low volume, as this is typical for testing.
If the test is successful, we can hope for a new peak - above 70k.
RSI also bottomed out and found long term support. In addition, we also have a double bottom on the chart.
As you can see, there are quite a few reasons to be optimistic about the growth of crypto currencies.
Best of luck.
BTC tested 2017 peak at 18-20k. This can be attributed to the low volume, as this is typical for testing.
If the test is successful, we can hope for a new peak - above 70k.
RSI also bottomed out and found long term support. In addition, we also have a double bottom on the chart.
As you can see, there are quite a few reasons to be optimistic about the growth of crypto currencies.
Best of luck.
