Bitcoin Can Go Higher ($6645 Possible Next or $6.8k, Short-Term)

Bitcoin (XBTUSD) is now trading above MA200 and EMA300, two very important resistance levels now turned support.

With this break of resistance and bullish momentum building up, Bitcoin can easily hit the next target.

Looking at Fib. proportions, our next immediate target is sitting at $6528.5 followed by $6645.5 as our main target.

(If $6645 is hit with good strength and volume, $6834 follows).

This is a short-term analysis...
Do you think Bitcoin will hit my target next?

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Namaste.

Comment:

First target hit.

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New update

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Waves (WAVESBTC)