TraderCobb

Bitcoin monthly shows $6000 not out of the question

COINBASE:BTCUSD   Bitcoin
With Bitcoin having moved so far from the cradle zone (10 & 20 MA) on the monthly it is nothing unusual to see it pull back as far as it has. I would like to see bitcoin hold here and move higher from where we currently sit but the reality is that $6000 is still very much on the cards. Time to be a watcher not a trader until Feb 6th has passed.

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