If we break this trendline we go way up! 46k is the first target. this is a massive trendline and we could aswell be rejected. It might be a good idea to enter a long position after we are above the last high at 43 and get atleast a 1h close above it. lets go to the moon... or not? ;)
*Trade at your own risk ! This is not financial advice !
*Trade at your own risk ! This is not financial advice !
Comment:
Target reached. Expecting a pullback here. Price may overshoot a little bit but we have reached an important fib level. Recommend to start buying back on 44k, 43k and 42500. I think the lowest we can reach if we correct here is 42500 which is a very important level. Still this is Bitcoin and this is trading and there is no guarantee for anything. If you want to play it safe, just hodl. I think it is likely that we can see 100k this year. especially with the pace BTC is moving lately. So you dont want to miss out on that. Good luck!! ;)
Comment:
Correction happened yesterday and we saw 43600 low. I recommended to buy back on 44k, 43k and 42500. lets see if we can break 47k this time
