BitcoinLong
Bitcoin to $13k? Bulls gaining full control.
Updated
Bitcoin , sitting at $9500 at the time of this analysis, is sitting on the uptrend side of the Bollinger basis, and all micro frames < 1D showing indications of continued buying support.
This analysis is clear cut and suggest BTC will soon be above 10k and potentially half-way to 20k by the time we get though August. The summer is usually a dead season / consolidation for the King, so that means we see
13K-
14K in June before falling into consolidation through August.
MY Personal Game plan:
Long at $9500 / majority of cash is converted to BTC
SL at $9200
TP 1 at 11k, TP2 @ 11.9k and Holding but no longer leveraged at anything above13K until consolidation and retest of former resistsnaces plays out.
Looking forward to seeing how this plays out, I have a bullish sentiment I haven't felt since late 2016 for BTC and early 2017 for Alts.
This analysis is clear cut and suggest BTC will soon be above 10k and potentially half-way to 20k by the time we get though August. The summer is usually a dead season / consolidation for the King, so that means we see
13K-14K in June before falling into consolidation through August. MY Personal Game plan:
Long at $9500 / majority of cash is converted to BTC
SL at $9200
TP 1 at 11k, TP2 @ 11.9k and Holding but no longer leveraged at anything above
13K until consolidation and retest of former resistsnaces plays out. Looking forward to seeing how this plays out, I have a bullish sentiment I haven't felt since late 2016 for BTC and early 2017 for Alts.
Trade closed: target reached
Eric Thies
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