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quantguy
Apr 15, 2021 11:14 AM

Next Profit Target For Bitcoin!! Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin hit our target at 64.3K and has retraced to the level below at 61.6K. We have made you aware of this support level for some time and it may be a good time to add to your BTC. The Kovach OBV is still strong, suggesting this dip may be transient, likely due to profit taking. If we dip further, expect support at 59.4K or even 57.7K. We are still bullish of cryptos and BTC is within reach of our next profit target of 66.3K, a Fibonacci extension.
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