sumitedward3

Maybe BTC consolidate for a few days...!!

BITFINEX:BTCINR   None
As per my view BTC still needs few days for consolidating its peak of ~32 lakh or $42K. We see so many rejections while rising above symmetrical triangles in hourly candles. However the strong analysis is also of negative breakout which means bitcoin can dump further to $19K (as shared by many people over youtube channels) I still do not hold any such thought. I think even if BTC dips any further it may go upto 21 lakh or $28K, certainly not to $19K. My assumption is that bitcoin will make a move towards upward on 30th January and may continue to do so over that entire week in Feb before any further consolidation in Feb. I am still bullish for Bitcoin.
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