#Bitcoin Weekly Overview
Bitcoin has been performing well, hitting a new low, making a correction, and bouncing back, currently trading above the key level of $61K.
Many people are wondering, are we going to see a breakout from this huge bullish flag?
Here’s why I believe we are:
- Mt. Gox sales postponed to next year
- FTX payouts of $14-17 billion are coming soon
- U.S. elections are approaching
- Historically, Q4 has always been optimistic
- 170+ days since the halving, which is a bullish signal + we are now in 20 critical days of trend changes (a game-changing period)
- Many altcoins have already broken out, with their charts setting up for growth
How many more bullish signs do you need?