Bitcoins run to $11K Part 2
Updated
Happy Friday traders, here is an update towards our Bitcoin outlook.
We are still looking for a target within the 11K region. This level in confluence with major S/R + Liquidity areas. Refer to my previous post for further detail via the 5D Chart.
The bulls have managed to test our broken Supply level (Blue) & flip this into Demand. We can now expect BTC to rally into our 5 digit level primarily the 11K region.
Price target = $11,100 | 3-5 Week TF
HTF Closure below our 8600 will invalidate this idea
Cheers!
We are still looking for a target within the 11K region. This level in confluence with major S/R + Liquidity areas. Refer to my previous post for further detail via the 5D Chart.
The bulls have managed to test our broken Supply level (Blue) & flip this into Demand. We can now expect BTC to rally into our 5 digit level primarily the 11K region.
Price target = $11,100 | 3-5 Week TF
HTF Closure below our 8600 will invalidate this idea
Cheers!
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