Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Hello Everyone, Hope you all are doing great! This is my first analysis published on Trading View in a long- time and this is a very important one!
Why i think 70000$-73000$ is coming!
1) - Fib levels suggest that next golden pocket is at around 72000-74000$ levels 2) - Bullish pennant breakout measured target is also around 71000-72000$ levels 3) - Very strong S/R line acting since Oct'15 is about to get hit at around 70000-73000$ levels if price reaches there
All in all too much confluence at one level and bullish institutional buying can easily push the price to 70000$-73000$ price levels.