Bitcoin Aims at $13,900 Next, Bears Have No Chance!
When I saw yesterday's candle, I looked back at the 24 of June and said, "If Bitcoin closes above $10,900, it will go to $12,000 tomorrow...", I am saying this because I believe we will have another full green candle tomorrow based on how the late June's candles closed.
The is really right now at 63.93 and the is showing plenty of room left available for growth.
continues moving higher, at least one big bar is still missing to complete run... If it goes longer, more should show up.
Everything is looking right now, so expect for Bitcoin to move higher and challenge at least the high that it touched.
Moving down, support can be found at $10,600, or even $11,300 is a great support.
Where do you think that Bitcoin is headed next?
Use the comments section below...
It moves and thinks faster.
It comes with new abilities.
It has completely new ways to think.
Things are just done.
It is a completely new Spirit...
And it shines brighter...
Bitcoin Bounces As Predicted, Back To Basics + Next Target (???)
S&P 500 Index Drops For The First After New ATH (UK)
Dow Jones Industrial Average Index Goes Bearish
Let's see how it plays out.
12H (Potential for more):
- LONGs can grow by an additional 37% in order to hit their Feb. '19 peak.
- LONGs need to grow by as much as 50% to reach their ATH. So plenty of room left available for growth there based on past history.
- SHORTs hit a new all-time low recently on the 17th July and bounced. They can drop an additional 46% in order to challenge this same low again (double bottom).
These signals are telling us that the current trend can easily continue based on the BitFinex SHORTs vs LONGs profile.
Thanks a lot for reading.
Remember to hit like to show your support.
We can also look at it as a signal that many people are interested in buying Bitcoin and also believe that Bitcoin will move up in the near future, and so they buy long positions.