From a classical charting perspective, Bitcoin broke a descending triangle on June 27 and its heading to 9500 but I digress. I believe there is a long opportunity with a first target at $11500 and a second target at $12400.
We are sitting on a 20% Fibonacci retracement since the December low, expecting the 32-day Moving Average to hold here. Catching a falling knife comes with risks thus why a stop loss is recommended.
Does Canada hate its currency? Seems like it, time to short this shitcoin.
Cheers.
"The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice."
One last pump before further dip.
Cheers.
"The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice."
