BTC - So far showing an expected behavior. Gained almost $1200 in last 24 hours based on #G20 news, but derailed slightly based on Venezuela statement. If price falls, 2 strong supports are there to hold, which would make a healthy double bottom for a major gain. The breakout can be seen here and #G20 news and American congress report is making it quite bullish. I expect it to touch 8900/9500/10200 and ultimately 12000.
In downside it has couple of big supports at 7200 and 6400.
Note
1st target achieved!
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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.