BTC - What to expect *BULL RUN*
BTC as managed to break free from its 7 month downward consolidation after creating a bull flag.
Drawing a fib from the start to the end of the 2019 bull run, we can see that BTC retraced and closed perfectly on the 618 retracement line (month chart) before catapulting to where we are now.
What I expect
I now expect BTC to test the bigger resistance trend line at a bare minimum.
If TA holds true, I also expect BTC to break the resistance line to reach $16600, and if there is enough momentum, create a new high.
Drawing a fib from the start to the end of the 2019 bull run, we can see that BTC retraced and closed perfectly on the 618 retracement line (month chart) before catapulting to where we are now.
What I expect
I now expect BTC to test the bigger resistance trend line at a bare minimum.
If TA holds true, I also expect BTC to break the resistance line to reach $16600, and if there is enough momentum, create a new high.
Nota
Nota
retest trend line. next target around $12,000
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.