#BTC Hit my 20.6k+ Target! What's Next?
Updated
I'll keep it very short guys. First of all Congratulations to you all!
BTC BROKE 20k AND ACHIEVED A NEW HIGH OF $20800.
Scenario 1: This could be the last extended wave before correction.
I could be wrong this time and I would be more than happy to be wrong in this scenario.
Scenario 2: There's also a possibility that BTC could hit 23k within the end of this year which is only possible if it stays above 19.6k level.
You know very well There's no resistance above 20k and BTC just made a new high. It could be the beginning of a new Cycle..
I am seeing some real FOMO here. Sitting aside.
The purple area is now a support which needs to be tested.
Conclusion : BTC is really very bullish I will re enter again into the market with my 60% USDT around the purple range which is 19300 to 19800 with a SL around $18687.
Please do your own research before taking any trade decisions.
Thanks for Reading
#PEACE
BTC BROKE 20k AND ACHIEVED A NEW HIGH OF $20800.
Scenario 1: This could be the last extended wave before correction.
I could be wrong this time and I would be more than happy to be wrong in this scenario.
Scenario 2: There's also a possibility that BTC could hit 23k within the end of this year which is only possible if it stays above 19.6k level.
You know very well There's no resistance above 20k and BTC just made a new high. It could be the beginning of a new Cycle..
I am seeing some real FOMO here. Sitting aside.
The purple area is now a support which needs to be tested.
Conclusion : BTC is really very bullish I will re enter again into the market with my 60% USDT around the purple range which is 19300 to 19800 with a SL around $18687.
Please do your own research before taking any trade decisions.
Thanks for Reading
#PEACE
Note
If this Flag turns out to be valid There's a possibility BTC could pump as high as $22800. If we consider the channel we already reached the Target!Let's see how the next daily closes no matter what!
Weekly close will also be very crucial.
Sideways action will push BTC to the upside.
Note
As I said in my first Scenario I would love to be wrong.And yeah the first chart went horribly wrong!
What do I expect now?
Our Target is just on board. It will hit the 22.8k Target soonish.
What really matters is what happens after that!
This game is too hard. People get burned a lot of times.
What we need to do is to sit aside and wait for BTC to make some sideways action or at least show a rejection.
There's isn't any Resistance in this area and you know that right?
The target is based on the pattern which played out well so far.
Let's see how the weekly closes.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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