BTC to 8k (ish) then proceed to (potentially) ath for BITSTAMP:BTCUSD by EnZo

indicator chartpattern trendanalysis btcusd btcusdlong btcusdshort btc_usd bitcoin bitcoinforecast bitcoinusd bitcoinlong bitcoinshort

I love the state of the crypto market right now and honestly I am impossibly bullish on the entire market as a whole.

BTC idea.

Correction incoming.

Target 7.5k - 9.1k (Weekly chart, large green box, weekly OB), also most recent swing low.

On a more refined note I see 2 zones where the corn might bounce.

1 (red box): Daily OB, 8.9-9.3k

2 (green box inside a green box): Daily OB in a weekly OB, 7700-8100

Then proceed for the next wave of bullishness.

Annotations in the chart.

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.