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Bitcoin breaks out - next stop ATH? by borsengelaber

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· @borsengelaber ·
$3.52
Bitcoin breaks out - next stop ATH?
 https://i.imgur.com/eC1KZW4.jpg 

 https://i.imgur.com/IKuICFA.png 

**Upwards**

The boring times  are most probably over, guys! Last night Bitcoin broke the sideways trend of the past weeks to the upside, trading currently around **46,1k** Dollar. 
If we look at the weekly chart the next resistance lies at about **50k**, which is probably the next stop of the price action. If we can sustainably cross that zone, which extends to about **52k**, the way up to the last ATH is basically free. 

**ATH**

In my view we could well climb towards **55-60k** in the coming weeks but a new ATH is not very likely before the second half of the year. It was that way every time of the past cycles, so in my view that is the most probable scenario. Despite all the noise and the buying pressure of the ETFs. There’s currently enough sellers and the first wave of incoming money is getting digested quite well. 

**Will be see reach the old ATH even before the halving in April?**

https://i.imgur.com/IKuICFA.png

 https://i.imgur.com/FkKJETo.jpg 

Posted Using [InLeo Alpha](https://inleo.io/@borsengelaber/bitcoin-breaks-out-next-stop-ath)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 189 others
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@biyimi ·
Bitcoin is really shining and let's hope it hit $50k
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@ecency ·
**Yay!** 🤗<br>Your content has been **boosted with Ecency Points**, by @borsengelaber. <br>Use Ecency daily to boost your growth on platform! <br>
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@rafzat ·
That’s awesome
It’s good to see a pump
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@stayoutoftherz ·
$0.05
No, ATH rather towards Oct.
👍  ,
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@borsengelaber ·
🙌🏻 
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@thehockeyfan-at ·
!WITZ
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@lolzbot ·
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@zuerich ·
$0.04
> Will be see reach the old ATH even before the halving in April?

I don't think so, but perhaps towards the end of 2024.
👍  
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