Bitcoin almost touched $38k from its last move, just about a few dollars away from hitting the $38k price you talked about, So we shouldn't be talking about $38k to be the next level because the price almost smashed that price target, we should be looking at a higher price of $40k-45k which if looking at the chart that should be the next destination point for BTC to reach.
that's the next target in this market, 40-45k range. and i guess, that's not too hard to achieve. once we surpass the 40k mark, it can easily go up in a matter of hours, or days, who knows? but before seeing those levels, you might want to think on how you can take advantage of such opportunity.
as we have seen, we are seemingly bullish these days. before this year ends, a lot of people may be are happy holding their satoshis. maybe, time to cash out some to enjoy what you've been waiting for long.
Well I think that bitcoin
BTC is due for some correction and it needs to test the lower low on the daily time frame. Although the momentum in bitcoin is so strong that we can move straight up without retrace, but such moves are usually unsustainable and not considered good ones.
Also for the bull run to commence, a healthy correction is needed. We don't want to get too much in the over sold territory. The higher we go without retracement and testing lower levels , the bigger will be the dump.
