2020-08-18, BTC Target Hit! US$12,483 for COINBASE:BTCUSD by NYC1976

trendanalysis indicator chartpattern nycbtc nyc

Learning stage of mine to estimate the target to hit still required some adjustment especially on too fast to come to conclusion.
During my last post

2020-08-02, The Show Must Go On For Another Week.

I estimated the trend need a week to perform but it took over 14 days to see the result.

Nevertheless, I am quite happy with it as we will be seeing upcoming US$13,000 near to US$14,000 range before retracement.

Comment:

At this moment, Luno•com in Malaysia seem to have some delay of updating the trading price of BTC.

Basis on US$12,385 X the average rate of 4.25 should be around MYR52,593/BTC but the price now @ 2020-08-18 1231HRS. is only MYR50,895.

I am a little skeptical especially Luno•com is operating more on non-Westernize region and their traded price is lower by at least US$200 across the global exchange.

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