I have been looking at this long therm pattern for a while now and it seems like the price falls nicely into it.
Most of you are saying bicoin will continue to move down and atleast hit the 6000 to 6200 target before bouncing up again.
I dont think this will happen so i opend up a long position at 6340. Since then it seems bitcoin is getting a bounce from the upward trend line and it looks promising.
We have already broken out of the downward trend from JUL high.
We are now seein g higher lows and will probably see some higher highs aswell in the near future.
I dont think the bears will manage to push the price lower than 6300 at this point.
With all the good news comming in to BTC and crypto, I expect some bullish volume and a BTC price to reach somewear in between the 7100 to 7700 area by the end of November.
Call me crazy, but let's see ;)
Where do you think the price will move?
Most of you are saying bicoin will continue to move down and atleast hit the 6000 to 6200 target before bouncing up again.
I dont think this will happen so i opend up a long position at 6340. Since then it seems bitcoin is getting a bounce from the upward trend line and it looks promising.
We have already broken out of the downward trend from JUL high.
We are now seein g higher lows and will probably see some higher highs aswell in the near future.
I dont think the bears will manage to push the price lower than 6300 at this point.
With all the good news comming in to BTC and crypto, I expect some bullish volume and a BTC price to reach somewear in between the 7100 to 7700 area by the end of November.
Call me crazy, but let's see ;)
Where do you think the price will move?