Update on my little $BTC long position. Reduced position size today, took some profits around $110k -$111k. Seemed like a nice spot to TP, and seems others are doing the same right now. In my opinion bitcoin is dying to breakout higher. My target remains the same of 115-118k by the end of next week. However, could easily happen within a matter of hours even. I do think once bitcoin will top around 118k-122k and we’ll see a cool off and some sideways movement and then this is where things get really interesting. Altcoin season.
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