BitcoinLong
Bitcoin eyeing up $13k
Recent big volume pick up from certain news pieces (circle acquiring poloniex) & support found at strong technical levels (median pitchfork line & 38.2% retrace of move from 6th feb low & trend line from 7/2) has started this next impulse higher. Resistance zone to break will be the 61.8% retrace of move lower off 20th highs/ The weekly R1/ The trend line off 7th Jan highs. Second area will be the 100DMA and pitchfork line. 
13K as target is based off 50% retrace of 17th december to 6th feb which is also 100% extension.
13K as target is based off 50% retrace of 17th december to 6th feb which is also 100% extension.
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.