MikelCryptos

MikelCryptos Updated 

As I explained in previous ideas, if Bitcoin broke the bullish channel its target was at 25k. I would expect it to make a pullback before reaching that target, but the sell-off is sometimes very direct. Bitcoin's price has reached the target I set and right now it is making a sizable bounce in that area. We will see how the 1 day candle finishes. My concern...

MikelCryptos

We can see how the other two times that Bitcoin has tested the bottom of the bullish channel it has done so with strength and volume. Ok, today is Sunday and there is less market volume. We will need to have a significant bounce at this point to continue to maintain the bullish mindset. Otherwise, we will have to make important decisions about our operations in...

MikelCryptos

At this point Bitcoin can either bounce to the upside and remain within the bullish channel or it can break the channel to the downside. Pray what you know. Bullish forecast 50,000. Bearish forecast 25.000.