leopisbig

$BTC targets: ready for $8.5k, then $6.5k and finally $10k

Long
BITFINEX:BTCUSD   Bitcoin
Please check the cup and handle formations. There are two of them. One is at smaller scale and the other one at larger scale.

For the very short run, we are in a 4th wave and I expect the price can fall $7.5k range and complete the waves at $8.5k.

Later, $7.2k and $6.5k can be the next buy targets, based on the market sentiment.

For the next 1-2 months, we can target $10k as the end of the macro 2nd wave.


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