Bitcoin - 12K is the new target
Updated
That's what this chart says anyway.....
From the bottom of the flag pole, (start of the move) to the top of the triangle (end of the move) is over $1,000
New target is the top of the triangle breakout plus $1,000 That makes 112K the new target.
If you agree, smash that like button!
From the bottom of the flag pole, (start of the move) to the top of the triangle (end of the move) is over $1,000
New target is the top of the triangle breakout plus $1,000 That makes 112K the new target.
If you agree, smash that like button!
Comment
FYI - I just checked the Bitcoin Dominance number and it is currently 59.2% of the crypto market.That tells me that perhaps a lot of money is flowing out of the alt-coins and back into Bitcoin.
Why wouldn't it? Bitcoin will be here next year, many of the "me-too" fault-coins will not.
Just my opinion of course.
Trade closed manually
Pattern invalidated. Bulls want to take a break apparently.Disclaimer
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