genxinvesting

BTC Bullish Price Action

Long
COINBASE:BTCUSD   Bitcoin
We have experienced a parabolic bullish movement for BTC and broke a critical resistance level at $8,600. Based on the Fibonacci retracement level, the BTC will continue the bullish trend until the next critical levels at $10,000 or $11,900.

1) $9,000 is an exciting level for the BTC community (Over nine thousand!!!)
2) $10,000 is an exciting level for the media and general public

Intelligent investor and trader will look for an opportunity to take profit around that level causing retracement.

Happy Trading!

GenXInvesting


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