Bitcoin May Now Be Starting Its Next Bull Run To $100K And Beyond
Summary
Bitcoin appears to have bottomed after testing its 200-day Simple Moving Average, positioning it for a large rally.
Short term resistance at $60k has been surpassed, with the next level at 65k.
Monthly chart projections suggest a potential rally to $300k.
Bitcoin continues to evolve as a new form of value storage.
As anticipated by my last article, Bitcoin (BTC-USD) appears to have bottomed after testing its 200-day Simple Moving Average in much the same way as it did in September, leading to a large rally.