Telegram Trading

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Assessment: Bitcoin has used the $42,024 pivot as a spring board and made a parabolic move upward. I said if the $42,024 pivot did not break, it would provide a bullish outcome, but I never expected this sort of run. It’s been pretty incredible and really for BTC bulls you would want to see price come back down and create a base of support around $50K or $55K. It’s just too much too fast. It could definitely keep going up. I have seen more aggressive parabolic pops than this one in finance before, but I don’t want to be a buyer here…but that’s just me.

Path Predictor (BTC):

Good luck in your trades!