Bitcoin already seems to have found resistance at 9300. I still think we will move a little further up into the resistance area before a bigger move down.
Liquity yet to be tapped on the lower side of the market. I few are to push to 7500 then we need to shake the lose hands. My play is short btc to 6850. And then long 6800 to 7500
I see a small pullback to the 6920 regions for Bitcoin before a final push clear of $7500 with a short hunting wick till $8000.
As mentioned in my previous chart, I expect us to touch $7800 by 29th April
This chart is based solely on FIB Circles. However, I have a few fundamental reasons to believe that this will hold true including the relationship bitcoin seems to be sharing with Gold/USD since the coronavirus epidemic began.
After some side movement, I believe eventually we will make one more leg up before we meet the next. major FIB Circle. That will be my...