Welcome to this quick update, everyone:
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15 HOURS BACK, In my last BTC update I speculated a move towards 41k level.
The pump was unexpected to me, I did expected a rally but not this fast to be honest!
BTC perfectly reached the 40k level last night with a huge green candle.
The market looks really bullish.
However, for a sustainable continuation pullbacks are very important in an uptrend.
Don't get carried away with the FOMO.
IMHO BTC must retrace to the 35k to 36k are and then continue to the upside eventually reaching the 41k level.
If not we will see a continued rally to the 40k level and then a rejection to the 35k level.
IMHO, A retracement to the 35k level would be very healthy for BTC.
What's your thought on this?
Do you BTC will break the 41k level too?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE