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