long term i expect the price above 35K> by 2021 new years day
short term i expect a bounce off the .618 to about 7K then a bounce to 10K hit resistance and a slow break down to somewhere in the 6K to 6.5K which will be bottom at 5800 quickly, before we see anything to exciting.
not advice
i also would like to point out that i keep coming back to the price range of somewhere between 35K to 46K for the next ATH
again just speculating but i would think that would be a realistic target once the show kicks off
i could be blowing smoke but if everybody put in there 2 cents to a graph im sure we would end up finding a medium or an average sort of direction
im sure trading view sits back looking at everyones charts overlapping them to see what average they can come up with
short term i expect a bounce off the .618 to about 7K then a bounce to 10K hit resistance and a slow break down to somewhere in the 6K to 6.5K which will be bottom at 5800 quickly, before we see anything to exciting.
not advice
i also would like to point out that i keep coming back to the price range of somewhere between 35K to 46K for the next ATH
again just speculating but i would think that would be a realistic target once the show kicks off
i could be blowing smoke but if everybody put in there 2 cents to a graph im sure we would end up finding a medium or an average sort of direction
im sure trading view sits back looking at everyones charts overlapping them to see what average they can come up with
Trade closed: target reached:
this has been playing out now for a fair while and i dont see it ticking too much past here for the time being stay safe