As Bitcoin is trading at the all-time-highs, it's necessary to make an assessment of the targets for the long position.
If we look back we can see that during the last rally BTCUSD made around 261% of the preceding correction:

Now, as BTCUSD almost passed 161% level and assuming that history will repeat itself, we could expect the next "big" stop on our #ToTheMoon journey around $1800 level.
If we look back we can see that during the last rally BTCUSD made around 261% of the preceding correction:
Now, as BTCUSD almost passed 161% level and assuming that history will repeat itself, we could expect the next "big" stop on our #ToTheMoon journey around $1800 level.
Note
While my Related publications
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.
Related publications
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.