Short
10000 USD already
Cool feature: add two charts using algebra in the search field. adding the price of BTC and BCH reveals that we are nearing the 10k USD mark for Bitcoin. If BCH goes up BTC goes down and vice versa so that it might be actually the same just shifting around a bit. If you waited for that target it might be a good time to take profit now. The price is close to the resistance line that the chart resected since september 21 and it finished 5 waves up what makes up a complete impuls wave in the elliot waves patterns. correction target will be most likely the 7000 USD region for both combined.
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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.