If the price of gold closed above 1800$ this month then expect the price of GOLD to create a new all-time high this year as it has been always in the uptrend and it would hit 4,000$ as soon as most of the bubbles in the market will burst
A sharp fall of more than 10,000 Dollars on Monday just showed that how manipulative the price of BTC could be without any regulations. Such things do occur frequently in crypto space and that's why only whales end up in profit. If it does not give a healthy correction of about 35-40% which is aroudn38k then it could crash within a year to about 75- 80%
the price is in the downtrend since last April and hitting the lowest of March 2018. As the fud is going to accept Bitcoin as a new currency and Dollar is going to die. In my opinion, it is not going to happen for almost a decade. So going long on USDCAD
The price of Bitcoin is always in the uptrend if we check it on monthly basis. However, on weekly basis, a small correction of around 35-40% is expected if the bitcoin wants to make new highs!!
If the Elliot waves fail and the price goes below 13000$ then it can go up to 7650$ around the CME gaps as there are a lot of gaps below 10,000$ which are expected to fill...