we are on top of BB's so a retrace might happen after such a big move, but looking bullish (longer term) due to price breakout above resistance $4386
I have a target of $5792 but best to wait for a retrace to around $4400 scaling in, altcoins will probably be in a better place while BTC does a correction as long as it's not a quick move.
RSI is at resistance so again I would think a retrace should come before we eventually break it.
Bullish longer term in Bitcoin after this move (3-6 months)
I have a target of $5792 but best to wait for a retrace to around $4400 scaling in, altcoins will probably be in a better place while BTC does a correction as long as it's not a quick move.
RSI is at resistance so again I would think a retrace should come before we eventually break it.
Bullish longer term in Bitcoin after this move (3-6 months)
Trade closed: target reached
About 30% profit - closed.
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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.