….so here it is Merry Christmas! 🎅

Everybody's having fun. Look to the future now. It's only just begun… We couldn't think of better words than Slade did back in '85. The Bitcoin Bulls deliver an early Christmas present and break above the 20k mark. The breakout confirms the bullish pattern as depicted in orange. We think that higher quotations are now inevitable, and prices have room to roam. Next Stop ist the 25k area. This target, however, might be pushed further northwards, depending on how bullish the upcoming days will be. Stops for Longs should be placed below $17629.

Merry X-Mas and Happy Trading! ✌🏾
Beyond Technical AnalysisBitcoin (Cryptocurrency)bitcoindollarbitcoinforecastBTCBTCUSDbtcusdlongCryptocurrencydailymarketupdateTrend AnalysisWave Analysis

Related publications

Disclaimer