$BTC #TrendingTopic #Bitcoin is now trading almost at $55,000 and getting close to a new All-Time High.
The next target...
Good Monday my fellow Cryptocurrency trader, I am hoping you are having a great start to this week.
Let's consider our previous bearish view of the market, how this can change and evolve into why Bitcoin is headed toward $100,000+ within weeks based on current price action.
First, let's admit defeat... I was wrong about Bitcoin.
â I was obviously wrong about calling for a Bitcoin correction.
â If not wrong, in the least way too early, but let's keep it at wrong.
It happens to humans but that's ok, we learn from mistakes.
Where do we go from here?
Looking at the current chart and market situation, it is very wise to say that corrections are a thing the past âthe old Cryptocurrency era, and now we can focus on and experience forever more, straight up.
The main and most bullish signals right now affecting Bitcoin and the Cryptocurrency market are the following:
1) The launch of the Bitcoin Spot ETF in the USA.
2) Michael Saylor bought Bitcoin.
The markets can be very wild and unpredictable but some things cannot be ignored. There are certain events in life that are just a catalyst for change.
"This time it will be different," for sure.
And we can expect Bitcoin to move, to continue going straight up.
Resistance can be found at multiple levels above $53,000 such as $55,000, $60,000, $64,000 and $70,000 as new All-Time High but we can be certain based on bullish factors that Bitcoin will go straight to $80,000 first followed by $100,00. If not in February, then surely in March or April; if the bulls follow up.
Thank you for reading.
