TradingView
moheban
Mar 24, 2020 5:27 PM

BTC Long after successfully breaking strong resistance Long

Bitcoin / United States DollarCoinbase

Description

Based on the calculus, the movement of the price point's acceleration and velocity are both sharply positive, indicative of a bullish-day-to-day BTC outlook. We could potentially be reaching an inflection point in the derivatives, meaning a small ~$200 correction can most likely be expected before the run to 7.2k. I strongly believe BTC to hit 7.2k by Sunday.

Not a huge fan of price point forecasting past a few days, since its almost impossible to be accurate when the BTC price is as volatile as it is now. Long on the day and on the week.
More