Long

BTC Bitcoin - long term move to $40k zone.

Updated

I'm going to make a bullish prediction move to 40k. It's a bit risky because price is currently below the key $28-32k (grey box and yellow arrows) zone which is a tough area for price to break through, though the action looks positive and I feel that it's slowly winding it's way to the upside.

If price dips below 24k, then the idea is DOA.

Trade active

32k breakout to 37k should be a fairly quick one. I doubt there is a lot of volume in that space to slow it down. Looks like it could happen in the next week or so.

Note

40k has been hit, but there looks to be enough power in it to go to 45k next. Long and strong!

Trade closed: target reached

Bit late updating this idea.

Jon4th4nB1rd

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