Bitcoin has reached our profit target of $52.8K!! Actually for the pendantic it reached $52566, but close enough. We are currently finding resistance here and will likely form a consolidation pattern before the next breakout. The levels $49.7K, $48.2K, and $45.6K will all provide support. Those latter levels are unlikely but one can hope. Our next target is $55.7K. At this rate, we could have $100K Bitcoin as early as this summer. Institutional interest keeps driving buying and sentiment for cryptos.
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