Target at $6800, lines up with 62% retracement of latest move up.
Bullish divergence on the daily and everyone thinks we are going lower so I'm long here with a target at $7500
This is my best case scenario long term outlook for bitcoin. I think we can still make lower lows, 78% retracement would mean we fall back to around $5,200. I do think we are in an accumulation phase and I expect/hope we start to see an upward trend by the end of the year. Feedback welcome
If this fails, all hell might brake loose
I know everybody has been predicting it for a while now but just looking at the results of previous RSI double tops, I'm thinking it could be time.
Plenty of alt coins going for cheap right now. The trick is finding the coins you are happy with and I'm pretty happy with the way dash is looking. It's been in a solid up trend for months and although the RSI is not great, it is coming off being oversold and starting to climb. I'm adding to my core holdings, this is not a trade. p.s. please feel free to provide...
I think Bitcoin is cooling off and some of that money will flow into the alts with Ethereum being at the top of the list (with Litecoin). I'm adding to my core holdings here
Bitcoin is facing some big resistance in the coming weeks. The rising wedge should connect with the 5000 resistance level around the time of the fork. Looking at a correction back into the 3900-4100 range.