buabue89

BTC bullish scenario 12k goal

buabue89 Updated   
COINBASE:BTCUSD   Bitcoin
Against odds it seems that Bulls managed to hold the 9k support and BTC confirmed a double bottom. If this is confirmed today 10.8k Will be a crucial resistance. If it is broken BTC Will aim for the 12k goal, however it seems to me that hasn't enough momentum to go through. Im still bearish middle term
Trade closed: target reached:
As expected, after the break through 10.8k BTC boosted towards 12k. It seems now that bears could hold it at 12k resistance, so BTC should retrace backwards towards 10k, if breaks, BTC Will return towards 6k (goal of the broken triangle)
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.