BTC Thoughts Bullish or still Bearish we will find out soon

Updated

BTC is not in the clear yet until we have confirmation of volume. There is still downward potential with Bitcoin with targets as low as the $3,250 area. Before that would be the downward targets of $5,874, and $5,500. BTC could be making a Descending triangle, the target for this would equate to past support which is around $3,250. So if we continue bearish we will most likely hit the overall low of $3,250 but... lets look at the bullish sides of things now $8,660-8700 seems to be the first stop on the bull run, if surpassed expect $9,200 before $9,900. Above this level will be resistance at around $10,750 with very heavy resistance at $11,600. $11,600 is where we would most likely see a bearish reversal if we were to see one. But above that is 12,850-12,900 and if we get over that get your spacesuits ready cause we going to the moon.

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Trade closed: target reached

time to buy

Robbby123

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