Tin.Foil

Covid-19 Update 4-20-2020

Long
COINBASE:BTCUSD   Bitcoin
It's been a while since my last chart update, but looking over my old notes, we continue to be on track, even after the Covid-19 crash. This crash appears to have only delayed my previous targets including a new buy target around $4800. Target sell point before Oct 1st, 2020 at somewhere between $16.5-19.5k.

Ichimoku shows that we will be pushed down until mid-May dropping to around $4800, but this being the second wave I've anticipated, we could see another test of $3000 or $3500 before the bounce.

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.