BrentEdward

Btc price target

Long
BITSTAMP:BTCUSD   Bitcoin
So, I'm looking at the 7900's which is a convergence of the 61.8 fib retracement, as well as the 200 day moving average. I see the price heading here, it might take a day or two, but once there, I expect it to fall back to test the blue upward trend line. Maybe it comes back down to the 7100's and from there I expect another leg higher past 7900, making that the new support. Based on the 5,000 $ measurement of the left edge of the wedge, that puts us with a future target of 12000. (7k + 5k).

GLTA


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