BTCUSD Reached New ATH!
As we told you last week, a move above $103,500 signified a strong probability of a continuation to the upside.
In half an hour BTCUSD reached a new ATH, now being $109,300, igniting bullish sentiment in the wake of the Presidential inauguration.
Everything now depends on Trump and on what he is going to say during his first speech as an official U.S. President. If his words support the crypto space with dedication, the pair will continue its rise.
The price is surging as we write, but minor pullbacks are still certain. For example, some may decide to “sell the facts” and cause a retracement to $106,000-$103,500. As a result, you can immediately open positions through market orders or, more conservatively, wait for more concrete triggers and join the rally through limit orders.
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