BitcoinUpdated Short term tagets based on the daily BTC chart
We have been consolidating for a 2-3 weeks now and the immediate resistance is near 38k.
I believe the ETF narrative combined with significant flows (2.8B in November) and the settlement of DOJ with Binance will be a trigger for BTC to break over the resistance.
Target 1: $41,500
Target 2: $44,500
I believe that $45,000 will cap the upside by the end of this year.
Stop: $36,000 if entry is at 38k or higher
Stop: $35,000 if entry is around the current price.
Good Luck!!!
I believe the ETF narrative combined with significant flows (2.8B in November) and the settlement of DOJ with Binance will be a trigger for BTC to break over the resistance.
Target 1: $41,500
Target 2: $44,500
I believe that $45,000 will cap the upside by the end of this year.
Stop: $36,000 if entry is at 38k or higher
Stop: $35,000 if entry is around the current price.
Good Luck!!!
Note
Target 1 hit!!!Note
Target 2 hit to the T!Congrats to anyone who played this long from 38k to 44k!
🚀🚀🚀
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