Braking the previous high at $16,500 after the correction in style is a definite bullish sign for me.
Likely other traders will be thinking the same and I expect to see the buyers come back out to play.
Will we see a new ATH in this progression? In my opinion yes but BTC may well lack some steam now that alts have made significant progress.
Likely other traders will be thinking the same and I expect to see the buyers come back out to play.
Will we see a new ATH in this progression? In my opinion yes but BTC may well lack some steam now that alts have made significant progress.
Note
By ATH I mean All Time HighDisclaimer
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Disclaimer
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.