BITCOIN - One more push or going out of the channel ?
If BTC will stay in the upper channel, the price can make another fast run. That blue line is trendline since 2012, so that could be hard to broke in 1st try i think...
If BTC will drop lower, there is a support at $7600 ... after that, if drop is out of the cloud, then we can see $6700-6800 very fast (0.38 fib).
Eather way,few more hours, maybe 1-2 days, BTC can go side way $7750-8200.
Just my opinion...click like if you like the idea :)
If BTC will drop lower, there is a support at $7600 ... after that, if drop is out of the cloud, then we can see $6700-6800 very fast (0.38 fib).
Eather way,few more hours, maybe 1-2 days, BTC can go side way $7750-8200.
Just my opinion...click like if you like the idea :)
Trade closed: target reached:
what a spike.. that was fast.. think that was squeeze of longs...
Comment:
BTC can still drop to $6800-$6200 if support doesnt hold.