TradingView
genxinvesting
May 28, 2019 10:14 PM

BTC Bullish Price Action Long

Bitcoin / United States DollarCoinbase

Description

We have experienced a parabolic bullish movement for BTC and broke a critical resistance level at $8,600. Based on the Fibonacci retracement level, the BTC will continue the bullish trend until the next critical levels at $10,000 or $11,900.

1) $9,000 is an exciting level for the BTC community (Over nine thousand!!!)
2) $10,000 is an exciting level for the media and general public

Intelligent investor and trader will look for an opportunity to take profit around that level causing retracement.

Happy Trading!

GenXInvesting

More