Bitcoin $17000 Incoming

Updated
Quick read on BTC, if we can see a decent close above the TP1 at $16599.99 the price of Bitcoin is headed towards the TP2 placed at $17295.

Resistance turned to support at $16124 and has been holding even after that minor dump underneath that level. Every single level of support & resistance moving upwards since 10k has been backtested and primed to move up, and that's what we just saw happen again over the weekend.

Would not be surprised if we see a 17k BTC, and then from that point on the only thing stopping BTC from surpassing ATH price is the level of resistance at the previous ATH.

Woke up late just saw the charts, excuse the TP1 being so close. Called it from 15k

TP1 🎯 $16599.99
TP2 🎯 $17295

Thank you as always for your support I look forward to hearing your comments on where you think the price is headed
Trade closed: target reached
TP1&2 🎯 hit to a Tee
Beyond Technical AnalysiseasylootSupport and ResistanceTrend Lines

Also on:

Related publications

Disclaimer