are u bullish or bearish bitcoin at this moment? =)
lets see if this abc correction plays out, a few bounces of the 14k resistance is to be expected. if breakout, we're gonna see 15.5k pretty soon. if 9900 doesnt hold, pull back 9200 would be on the radar then.
I believe the next coming days will spring a new yearly ath for btc and the target is 12.5k usd as shown in the chart and would end in mid july. bear case would be at 6800 and thats where i would put a stop loss, if 6.8k breaks we could see a drop down to test 5k.
my channel is drawn, many top and bottoms in this lovely channel, hold 7400 or the next drop to 4800 if 7k dont hold, time will tell
this could be the last wave and a new all time high around 6250-6290 within 48hours at the 1.6fib
what a feeling when patterns hits thier target, now i want to see some retracement down to 11k and if it holds ill be buyin for the shark test at 11800, i dont believe that we are goin there straight without some retracement from 2nd halft of previous weeks insane bullrun. yellow cypher is completed =) so wait for it! ^^
some specs for the week, any thoughts? what a feeling when patterns hits thier targets allthough i didnt trade the cypher this time, but if we can touch the 11k and it holds ill be buyin for the next 2 week for the bigger shark and big boi cypher thats secretly mergin atm =P
some lines drawn but fear is around the corner
pretty clear where the trend is headed, shud we be waiting for a clear turn or play what we've been thaught? =)
as we see market hit the 0.236 confirms the bullish bat, thx Akil Stokes for confirming this aswell =) we most likely by the book do a retrace back to somewhere between A and B, this might turn around about now =)