Hey guys a quick idea on bitcoin for the next year to come.
I think the breakout of yesterday is the sign that we will never revisit 10 500$ again.
during the past three years 10 500$ acted as strong resistance many times and turned support recently.
I expect bitcoin to rally to the next multi year resistance 13 800$ really fast then it should retrace to test the 12 500$ level based on previous price test, after this, if the bounce is confirmed, the price may continue to the upside to reach ATH. That's what i expect for the mounth of june 2021
Dont hesitate to share your view in comments :)
I think the breakout of yesterday is the sign that we will never revisit 10 500$ again.
during the past three years 10 500$ acted as strong resistance many times and turned support recently.
I expect bitcoin to rally to the next multi year resistance 13 800$ really fast then it should retrace to test the 12 500$ level based on previous price test, after this, if the bounce is confirmed, the price may continue to the upside to reach ATH. That's what i expect for the mounth of june 2021
Dont hesitate to share your view in comments :)
Trade closed: target reached
Target reached, faster then i was thinking. Enjoy near 100% profit
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.
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.