Looking at monthly chart reaching all time high and seeing the explosion that takes place. Each explosion becoming less explosive than the last. Taking that into account, I think a fair target is $280k within a 1 to 1.5 year timeframe.
For the day traders and the short term swing traders, maybe just buy and take a year off.
Also, for all the bears, who are saying we re-test XYZ trend line, or we go down and blah blah blah. Give it a rest. There are zero reasons anyone should be selling at this point... unless you are short.
Best of luck trading.
For the day traders and the short term swing traders, maybe just buy and take a year off.
Also, for all the bears, who are saying we re-test XYZ trend line, or we go down and blah blah blah. Give it a rest. There are zero reasons anyone should be selling at this point... unless you are short.
Best of luck trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.