A popular crypto strategist believes that a meteoric ascent could be in the cards for Bitcoin (BTC) but not before a brief period of consolidation.
In a new video shared with this 338,200 Twitter followers, Credible lays out a scenario where Bitcoin temporarily takes out resistance at around $25,600 only to come back down and retest a crucial support level.
According to the crypto strategist, the pullback will likely set the stage for a massive Bitcoin rally en route to resistance at around $40,000.
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“We could potentially take out these highs [$25,600] and then come back down. This area right here [$22,000] is now going to be a significant area of support… So it’s certainly possible that we take these highs and come down here
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