AsBobbyDigital

#BITCOIN (#BTC): 10K ... MARRY CHRISTMAS :-)

AsBobbyDigital Updated   
BITFINEX:BTCUSD   Bitcoin
Hi Guys,
watch out my "Christmas" Bitcoin prediction.

This TA is based on:
a) Bakkt launch - BTC must be more insteresting for investors = must be cheaper. $4800-$4500 looks like fair price range.
b) Global Upward Trend Support is near to us. I gues it will safe BTC from further drop down.
c) BTC has been moving inside Falling Wedge Reversal pattern for last few months.

Conclusion? Dump to $4800 & Pump to $10000.

If you like my TA, pls. hit that "like" button, follow me or leave your comment, Thx!
Comment:
Still waiting for weekly close BTC still consolidating and meanwhile moving inside ascending channel.
1D chart … RSI and Stoch remains in bottom levels. MA performing Death Cross.
4H chart … Stoch-RSI is very high. The price is bouncing MA21 and MA8.

Conclusion … successful $5685 breakout could be solid signal to go long in short-term!
Trade active:
Ok Guys, BTC follows my predicton. $4500 price zone is coming!

Comment:
So, BTC dropped to $4500 zone, as was predicted. Regarding to current market condition I likely expect next drop, below $4000. But before this happens we may see recovery to $5000 - $5400.
Comment:
Comment:
Order cancelled:
Updated available here:
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.