Bitcoin $50k breakout! Next 60k?

Bitcoin

Bitcoin

Bitcoin looks set to breakout imminently! There is a chance this becomes another fake out and it falls back into the range but you have to take the losses with the wins. Its like poker, you have to pay the blinds to take a look and then your hand might be shit.

I’ve put half a position on Bitcoin (Full position is 5% and half is 2.5% of capital) and will put the rest on when we break this $50500 resistance level. I expect a little dip back to 49k level , might not happen but might to make a cup n handle type pattern.

The move up toward 60k could be rapid

Trade: Bitcoin: Stop: 48000 Target: $58000

Thanks for reading!

(Not financial advice - These are my trades only)

Laurent Harvey