James_Winsoar

Bitcoin To Hit $8,950 by 27th March

Long
BITFINEX:BTCUSD   Bitcoin
My forecast takes into account that the RSI and MACD are both low for bitcoin/USD and we are starting to see a bullish pattern. I expect the bitcoin price to hit the previous resistance level of around $8,950 and we could be seeing this happen within the next 48 hours.

I am looking for any dips in price that will be confirmed by lower RSI and MACD levels again as good points to buy in before the price rise.

This is not financial advice - just my own opinion. If you agree like this graph, and let me know if you are able to comment what you think?

Please also follow me if you would like more short term trading tips like this.

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.