Trend is your friend until the end. Bitcoin now in a very very tight spot and the direction where it's headed is obviously upwards. Short term forecast appears to be a break out and target price is at the next Fib ring ($6,800). Although, Bitcoin always has the tendency to surprise everyone and may always choose to go the other way. So, place your stops at the appropriate levels.
Happy Trading!
Happy Trading!
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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.