Will Bitcoin Hit $20k or $35k First?
Bitcoin is currently facing an intriguing situation with two significant gaps in its price chart. The first one, at 35,000, has remained open for over 420 days, making it one of the longest-running gaps in Bitcoin's history. Simultaneously, there is another gap at 20,000, which presents a compelling scenario. Examining the risk-to-reward ratio, initiating a position at 30,000 is 1:2 ratio.
As the current price of Bitcoin steadily approaches the 35,000 mark, the question arises: which gap will be filled first, the one at 20,000 or 35,000?
As the current price of Bitcoin steadily approaches the 35,000 mark, the question arises: which gap will be filled first, the one at 20,000 or 35,000?