lets see if this abc correction plays out, a few bounces of the 14k resistance is to be expected. if breakout, we're gonna see 15.5k pretty soon. if 9900 doesnt hold, pull back 9200 would be on the radar then.
I believe the next coming days will spring a new yearly ath for btc and the target is 12.5k usd as shown in the chart and would end in mid july. bear case would be at 6800 and thats where i would put a stop loss, if 6.8k breaks we could see a drop down to test 5k.
what a feeling when patterns hits thier target, now i want to see some retracement down to 11k and if it holds ill be buyin for the shark test at 11800, i dont believe that we are goin there straight without some retracement from 2nd halft of previous weeks insane bullrun. yellow cypher is completed =) so wait for it! ^^
some specs for the week, any thoughts? what a feeling when patterns hits thier targets allthough i didnt trade the cypher this time, but if we can touch the 11k and it holds ill be buyin for the next 2 week for the bigger shark and big boi cypher thats secretly mergin atm =P
as we see market hit the 0.236 confirms the bullish bat, thx Akil Stokes for confirming this aswell =) we most likely by the book do a retrace back to somewhere between A and B, this might turn around about now =)