Update for Bitcoin
Updated
Hello everyone, I hope everyone doing well..
I want to provide some update about
BTCUSD
I pointed to 30k in my previous analysis. I will add it to the comments. (We partially achieved this target with 31k)
After the fake triangle breakout on June 3, we broke the triangle downside. (5-7 June)
We broke the upper line of this triangle again today. We're waiting to see if this is fake or real.
Right now we have 2 options. I indicated this with arrows.
If the upward movement continues, our initial target is 41k, also the 200-day moving average.
You can also look at my mid-term and long-term target.
I want to provide some update about
BTCUSDI pointed to 30k in my previous analysis. I will add it to the comments. (We partially achieved this target with 31k)
After the fake triangle breakout on June 3, we broke the triangle downside. (5-7 June)
We broke the upper line of this triangle again today. We're waiting to see if this is fake or real.
Right now we have 2 options. I indicated this with arrows.
If the upward movement continues, our initial target is 41k, also the 200-day moving average.
You can also look at my mid-term and long-term target.
Note
We've hit green arrow's 1st target which is 41.2k, waiting for the 2nd target 42-43kTrade closed: target reached
#Bitcoin has partially reached its target, which I have indicated by the red arrow.
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