Bitcoin breakout is confirmed. Expect ATH within 7 days.

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Tom Demark count gave a green 2 on the daily chart . This means we can have up to 7 more days of bullish trend . Stoch RSI is oversold, this also confirms the upcoming bull trend. Wall Street's interest over Bitcoin is rising. There are now more than 120 hedge funds focused solely on bitcoin .

I expect a new ATH within 7 days.

Trade active: Current price is at 6219.
I was correct with my analysis.

You can take profit now or you can wait till we reach new ATH.
I expect we will reach 6400-6500 this week.
Trade active: We have reached ATH 6467.

We have 5 more days of up trend according to my time analysis.

I have revised my target as we have reached ATH earlier than my expectations.

I expect we will reach 6800 within 5 days. After 6800 there will be a 500-600 USD correction.

You can take profit now or wait till 6800.


Thank you for sharing your work, knowledge and experience with us. I wish you success
+2 Reply
Thanks. How do you think - if the level of 6800 $ is reached much earlier than in 5 days - a rollback down for 500-600 $ can follow immediately, or the level of 6800 $ can be held longer, or moved slightly higher?
+1 Reply
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