abdullatrader

Bitcoin - update!

Short
BITSTAMP:BTCUSD   Bitcoin
Hi all - As I have shown in my previous idea that Bitcoin is heading to $9000, however it decided not to visit this area now. I strongly believe that the target is still valid as a healthy correction is always required. Bitcoin now is trading in a trend channel as shown and once it breaks it we can see a some bearish movement. This is only a short/medium term target as Bitcoin is still on a major bull run!

Let's take this one step at a time - First target $12300


Thanks for the support and likes - much appreciated!

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.