BTC LONG TERM
Updated
long term i expect the price above 35K> by 2021 new years day
short term i expect a bounce off the .618 to about 7K then a bounce to 10K hit resistance and a slow break down to somewhere in the 6K to 6.5K which will be bottom at 5800 quickly, before we see anything to exciting.
not advice
i also would like to point out that i keep coming back to the price range of somewhere between 35K to 46K for the next ATH
again just speculating but i would think that would be a realistic target once the show kicks off
i could be blowing smoke but if everybody put in there 2 cents to a graph im sure we would end up finding a medium or an average sort of direction
im sure trading view sits back looking at everyones charts overlapping them to see what average they can come up with
short term i expect a bounce off the .618 to about 7K then a bounce to 10K hit resistance and a slow break down to somewhere in the 6K to 6.5K which will be bottom at 5800 quickly, before we see anything to exciting.
not advice
i also would like to point out that i keep coming back to the price range of somewhere between 35K to 46K for the next ATH
again just speculating but i would think that would be a realistic target once the show kicks off
i could be blowing smoke but if everybody put in there 2 cents to a graph im sure we would end up finding a medium or an average sort of direction
im sure trading view sits back looking at everyones charts overlapping them to see what average they can come up with
Trade closed: target reached
this has been playing out now for a fair while and i dont see it ticking too much past here for the time being stay safe
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.