Hey LEO fam!
I hope you've had a great weekend!
As we start the new week, it's always the promise of great things. It's like a fresh start, and when it come to BITCOIN we've been on a great ride!
This past week has been amazing with a huge surge to new heights not seen in years!
With that said, we have a few issues we need to break!
There is a few perspectives on looking at price action, this is what I call the "2D" look. With a more FLAT perspective, we can see the levels from the 2017 Bull Run, and how it compares to the recent surge.
The 13/14K regions are a huge level.
When we do break 14K it will be a massive surge, as we are now completely rocketed past the bear stage. After breaking 14K, we could see a HUGE rise to 20K in very short order(be prepared).
With that said, we might still see some crazy wicks or down action before we truly break that area so ALSO be prepared if you're leverage trading! :)
I do believe, we will see 20K by the end of the year -- if not higher.
Please do your own research.
If you're doing the "old lady strategy" which is to just buy and hold, there is never a buy time to do that as we're still in low prices compared to where we're going!
@originate Developer & Market Analyst
Posted Using LeoFinance Beta