Bitcoin - $8,000 is coming

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Good Afternoon traders!

Bitcoin is currently looking to test its Resistance Level / Supply level .

If Bitcoin is able to break above our Inverse H&S neckline we can expect a possible Mid Term target of $8,000 USD for Bitcoin

Our first major resistance level being $7,200 USD.

Stay vigilant traders, we must first break above this structure. A rejection within our Supply Zone is still in the books.
Comment: BTC 4HR: Our Inverse H&S played out. We have been calling this for a while and today we are up with a massive $700 candle. We have broken above our $7,200 USD resistance level currently.

What now? Bitcoin will likely correct into the $6,800 USD previous resistance level and range in between $6,800-$7,200 for a while before we can see $8,000 USD.

Do not forget to take profits into USD and USDT as Bitcoin rises, not when it is dropping!

Trade closed: target reached: $8,000 target has been hit.
this is exactly what im seeing but confused why no one is talking about it
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out