In my last update, I told you if bitcoin broke above $11,500, we would likely see it test at least $13,500 (0.618 fib level). Price spiked as high as $13,850 before finding major resistance. It’s now put in a 25% correction, dropping as low as $10,400 before finding support. It’s currently trading around $11,850 on Coinbase.
We’re seeing a major influx of volume. A daily volume high of just over $45 billion was set 2 days ago. Today’s volume is an impressive $40 billion.
In today’s video I answer many of your direct questions. We’ll also discuss where bitcoin may be heading