Bitcoin Pullback - Weekly Update.
Updated
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Where are we now and what can we expect?
Bitcoin is still in an ascending channel.
What I see here is that we can expect a pullback to 7200 before BTC will climb higher.
And after the pullback?
I think we are going back to the 8000 area where the big fall of March 12 started.
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If I have to be honest with you, I don't think we're going to get much higher than that.
If you look at these channels they are very similar, so I'm afraid we'll fall back a little bit before we see a real bull run.
If you think its helpful leave a comment!
For more updates follow me!
Have a great day everyone!
Where are we now and what can we expect?
Bitcoin is still in an ascending channel.
What I see here is that we can expect a pullback to 7200 before BTC will climb higher.
And after the pullback?
I think we are going back to the 8000 area where the big fall of March 12 started.
--------------------------------------------
If I have to be honest with you, I don't think we're going to get much higher than that.
If you look at these channels they are very similar, so I'm afraid we'll fall back a little bit before we see a real bull run.
If you think its helpful leave a comment!
For more updates follow me!
Have a great day everyone!
Note
Short
Target 7200
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