TradingView
StudyingCrypto
Jul 9, 2019 9:26 PM

MOM IS ON THE WAY TO PICK YOU UP FROM THE BITCOIN PARTY Long

Bitcoin / United States DollarCoinbase

Description

Hi everyone

This bitcoin party has been fun, but alas all good thing must come to an end...at least in the short-term. If you followed my last idea, I was spot on and if you were lucky enough to buy in before the bullish breakout you'd have caught an easy 10-13% in a day. Most mutual funds would kill for that kind of return. The S&P 500 returns that in in year on average.

I think price will continue to climb until it reaches the .786 fib level and in the upward channel and then correct down.

Price target is the yellow box.
More