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.
“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
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!