13300k Incoming ? BTC/USD $BTC #Bitcoin #btc #crypto
Updated
Bitcoin surged last night above 11800 and right now is 11950 - just under 12k . Surely 12200 will come soon. But more importantly we are now inside the 'blue' band of that pink and blue regression band . We had been in the lower pink part of that band for awhile but last night we broke up into the blue part of this 'regession channel '. That's bullish imo . That should mean we head up to the top of the blue area of the band . That should bring us to 13300 area and possibly higher ! I myself called for 14 k Btc by Halloween , see my idea linked below . Also the 13350 area is a .618 fib on the chart ( running your fibs from 2019 low of 3150 up to 20k . ) That's an important fib and almost certainly we are going there now . That red star on my chart should be the next level up we hit .
Patience definitely brings good things to those who can wait !
Patience definitely brings good things to those who can wait !
Note
12800 hit this morning ! We hit the top of the regression channel ! Will we wick above now ? Or consolidate a bit first ? I'm expecting at least 13300 .Note
Looking good ! Over 13100 now . I'm expecting 14k by Halloween or very shortly afterward .Note
Hit our target of 13300 !!! Great news . This was near the .618 fib so was definitely expected . Let's see if we can approach 14k next . Bitcoin looking to make a higher high here ( from last years high ) ??? Looks that way .
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.