Bitcoins run to $11K Part 2
Happy Friday traders, here is an update towards our Bitcoin outlook.
We are still looking for a target within the 11K region. This level in confluence with major S/R + Liquidity areas. Refer to my previous post for further detail via the 5D Chart.
The bulls have managed to test our broken Supply level (Blue) & flip this into Demand. We can now expect BTC to rally into our 5 digit level primarily the 11K region.
Price target = $11,100 | 3-5 Week TF
HTF Closure below our 8600 will invalidate this idea
Cheers!
We are still looking for a target within the 11K region. This level in confluence with major S/R + Liquidity areas. Refer to my previous post for further detail via the 5D Chart.
The bulls have managed to test our broken Supply level (Blue) & flip this into Demand. We can now expect BTC to rally into our 5 digit level primarily the 11K region.
Price target = $11,100 | 3-5 Week TF
HTF Closure below our 8600 will invalidate this idea
Cheers!
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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.