TheTradingRoom

First target achieved, where next?

COINBASE:BTCUSD   Bitcoin
BTC has done incredible well smashing through the roadblocks and achieving our first target, but where next?

I expect two outcomes here. First, wait for a breakout and retest of the zone highlighted above price for a move to previous highs.

Secondly, rejection of that same zone for a move back down to the previous lows at approximately the same level we originally got in from.

It's decision time BTC!

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