Bitcoin bulls may leave a huge gash on the bears as they gore their way through. The price will rise faster and faster as it passed the 3rd stage of the huge parabolic curve. Price tends to double from the end-point of the 1st base to the end-point of the 3rd base up towards the top of the curve. Target price appears to coincide with the Fib ring at $6,800 if this continues to play out. The bears will have their feast as the bulls' horns get broken at some point at the end of the parabolic curve.
Place your stops at the appropriate levels.
Happy Trading!
Place your stops at the appropriate levels.
Happy Trading!