danny25m

Cycle Bottom in, 10k is Not coming!

COINBASE:BTCUSD   Bitcoin
I may not receive any likes for saying this. But like I said on my other chart, cycle bottom. I do believe BTC has HIT CYCLE BOTTOM with the close of the weekly candle. A few indicators are pointing in that direction. Most will say, no way we going to 10k. Honestly dont think we will. Currently price is trying to break above our orange trend line which is trying to get back above 2017 High. I do see us moving upwards in the short term into the blue box for a small gain of a Min 27% move to the upside.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.