I think a correction would be very normal before continuing to retrace up it Is clear as day BTC is in an uptrend and the trend is your friend.
I think we can see a correction to 48K then a nice leg to 56K these dips are very normal in bull runs it is to shake weak hand investors out and continue the trend without them to cause weak hands to fomo higher pricing.
If this 50k range holds we can expect bullish momentum if not 48K could be a great entry.
I do think this year Bitcoin will reach 100K after the Bitcoin Halving.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.