Hello All.
Last days i was reviewing my opinion about bitcoin,
and i decided to remain bullish even if are existing
some general stock markets signals, which are mentioning,
a possible correction till and 50%.
I decided to change my view for bitcoin, from bullish to
bearish ONLY IN CASE if bitcoin falls below 8625.
As we are above this number i will keep my bullish view.
On my chart, i mention two possible scenarios.
The level of 10800 was critical level. Bitcoin manage to
close above this level and at the moment we are in
a consolidation momentum, something that indicates
more upside movement.
A resistances of 11200 and 11800 are the biggest
problems, before bitcoin get in a real bullish momentum
with targets 13k - 14k and 16k.
Please share your comments / ideas.
Support our ideas if you agree with us.
Thank you in advance.
Last days i was reviewing my opinion about bitcoin,
and i decided to remain bullish even if are existing
some general stock markets signals, which are mentioning,
a possible correction till and 50%.
I decided to change my view for bitcoin, from bullish to
bearish ONLY IN CASE if bitcoin falls below 8625.
As we are above this number i will keep my bullish view.
On my chart, i mention two possible scenarios.
The level of 10800 was critical level. Bitcoin manage to
close above this level and at the moment we are in
a consolidation momentum, something that indicates
more upside movement.
A resistances of 11200 and 11800 are the biggest
problems, before bitcoin get in a real bullish momentum
with targets 13k - 14k and 16k.
Please share your comments / ideas.
Support our ideas if you agree with us.
Thank you in advance.
Trade closed: stop reached