BitcoinLong
Strong Support Above 5k, March Towards BTC $7000 Continues
The BTC price is seeing little resistance to stay above 5k, even the China news (which could make traders jumpy) did almost nothing in terms of sharp movements when BTC was about $5300 (Bitfinex). It went on to hang out at that range for days. A slight pullback occurred but at a very slow rate. Its becoming clear that people are not content with nickle gains and are buying for a long term hold in anticipation of the next parabolic rise as the next halving comes closer.
I see the full inverse Bart completing with a rise to $7000 and then settling at about $6500, thereafter continuing the bull run.
I see the full inverse Bart completing with a rise to $7000 and then settling at about $6500, thereafter continuing the bull run.
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