You can call me crazy, but Bitcoin's chart is painting a very clean picture—a target of 
54K in the coming months. This won't happen overnight and will take time to unfold. For over two weeks, we've been stuck inside a parallel channel, and the price action is showing weakness. Buyers seem reluctant at these levels, and 54K is shaping up as a critical support zone.
54K in the coming months. This won't happen overnight and will take time to unfold. For over two weeks, we've been stuck inside a parallel channel, and the price action is showing weakness. Buyers seem reluctant at these levels, and 54K is shaping up as a critical support zone.
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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.