Bitcoin & Logical correction and refueling for the next climb...
Updated
RSI has reached the overbought zone. The news is favorable. Strong fundamentals and favorable technicals can lead to magnificent climbs. Unless the events behind the scenes want to pull Bitcoin down again.
In any case, according to the chart, there is a possibility of a logical correction up to the prices of around $31,000 and $32,000. Maybe a little lower than $30,000 and then move to $42,000.
In my opinion, this modification is beneficial for the next moves.
In any case, according to the chart, there is a possibility of a logical correction up to the prices of around $31,000 and $32,000. Maybe a little lower than $30,000 and then move to $42,000.
In my opinion, this modification is beneficial for the next moves.
Trade closed: target reached
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