though I rarely post my thoughts concerning bitcoin ,
tonight I have a very good reason.
as bears pushed the market to 3200 on a we see heavily oversold .
since December 2018, the price is coiling in a very significant reversal pattern - .
usually, in a strong , this pattern leaves clues that the sentiment is changing on the market,
and bears are exhausted.
I will be waiting for a violation of 4000 - that holds the market.
once this level is broken, it will trigger massive buying reaction from the market participants.
the first target should be a little bit below 5000.0 level,
and the second is around 6000.0.
Targets are based on structure!