MetzgerNomics

BTC Could Break ATHs Soon

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC has had an impressive run ever since it hit it's bottom at $28,850 after getting rejected from the $42k level. After crushing ATHs and being in a strong uptrend since the Coronavirus anomaly, Bitcoin has increased about 160% to the upside in only 43 days. Bitcoin was due for a correction and I strongly believe that we found the bottom. BTC could see a big move if it continues to bounce between these support and resistance lines. I am not 100% that BTC will break ATHs in the next few days but it is definitely possible that it can break the ATHs within a couple weeks. The volume is also not as significant in this uptrend. The selling volume after hitting ATHs was much greater than what it is currently. I would like to see some more volume in order to get a better idea where BTC is heading. Good luck trading and investing brothers let's make some gains!
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