#KlondikeCryptoRush
BTC UPDATE
The target of $39,700 was reached. At the moment the price is consolidating at this level.
What can we expect from #BTC next? There are two setups:
1. Bounce from the $39,700 with the further $42,000 breakout and bullish trend continuation
2. Dump to the $37,000 level and bounce from there. We consider this option as more positive than the first one since we will be able to buy Bitcoin at good price.
However, if we lose $37,000 support level, we would forget about buying Bitcoin for some time since the target for the price would be at $32,000 level.
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