What's next for Bitcoin....$56k or $16k?

Bitcoin traders and enthusiasts are riding the wave after the incredible rally from $9,000 to $42,000 throughout the 4th quarter in 2020. It certainly was an incredible run, more than quadrupling in value in less than three months.

Now we find ourselves in an early 2021 corrective phase which will end in either another Breakout/Rally attempt or an Excess Phase (Blow off) Top.

This article highlights both potential outcomes because at this stage it is difficult to determine a single high-probability outcome.

What a Bitcoin Breakout Would Look Like....Read Here.