Expect a crash to begin over the next few days, dropping to $6200 on or around July 14th.
Next, the rebound:
Phase 1 target $9700 - Aug 17, 2020 This marks the end of the bearish market with a significant Inverse Head and Shoulders formation, which leads to the Phase 2 rally.
Phase 2 target $14,500 - Sept 4, 2020 Phase 2 rally gives new hope and results in FOMO driving the bear even higher in Phase 3.
Phase 3 target $26,000 - Oct 20, 2020 Phase 3 is simply the completion of FOMO and I expect a rapid drop after topping out at/around $26,000.
Trade fechado: objetivo atingido
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Target was reached, but 2 months later than expected.