BitcoinLong
Is Bitcoin done yet?
No I personally don't think Bitcoin is done quite yet;
* Price broke out of a bullish correction flag.
* Just has an impulsive up move and are now in a small bull flag, if we break out then that should be nice and bullish.
* Could *Possibly* see a move down to $36,000-$38,000 to fill the golden fib zone.
* Can see $80,000-$100,000 as targets.
Just for the record - I see no big future for Bitcoin as I firmly believe that with regulations and more clarity coming to crypto coins with utility will be the future, Bitcoins nothing but a store of value so I can see utility tokens flipping it in due course.
This analysis is just bases on the chart and no utility of Bitcoin.
* Price broke out of a bullish correction flag.
* Just has an impulsive up move and are now in a small bull flag, if we break out then that should be nice and bullish.
* Could *Possibly* see a move down to $36,000-$38,000 to fill the golden fib zone.
* Can see $80,000-$100,000 as targets.
Just for the record - I see no big future for Bitcoin as I firmly believe that with regulations and more clarity coming to crypto coins with utility will be the future, Bitcoins nothing but a store of value so I can see utility tokens flipping it in due course.
This analysis is just bases on the chart and no utility of Bitcoin.
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