meszaros

BTCUSD before 20% increase.

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD before 20% increase. In contrast to the previous analysis, the second declining wave lagged behind. Therefore, I expect a further rise. Target price for the first rise: US $ 69,000. In the event that the rise in bitcoin lasts longer (I am currently assuming this) then a much higher target price may come into view. The second target price could be 94,500usd.

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.