BTC set for a breakout
It will be very volatile, but I expect the next level to be reached with a parabolic surge is 50k. I marked it on the chart. It tracks along with the megaphone trendlines that encompass BTC's volatile but directional movements towards the upside.
The base trend line should be a support level on the way up. The top trend line should provide some resistance as there will be sell orders set up for certain price points.
The base trend line should be a support level on the way up. The top trend line should provide some resistance as there will be sell orders set up for certain price points.
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