honarparvar

Bitcoin's high probability for new ATH after this correction

Long
BITSTAMP:BTCUSD   Bitcoin
the cryptosphere around #Bitcoin is very bipolar at the moment: a very sharp bull run like S2F model fans and bears who are shouting for a significant price drop everyday.

my point of view is a correction coming very soon and not so deep, followed by another bull run to set new ATH and then I can decide whether I stay bullish (less probable as for now) or become bearish (more probable with current picture)

my target for new ATH is the 1.618 level of fibo ext. from the rally from Dec 2018 to June 2019
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.