Bitcoin could potentially retrace after hitting my line of resistance to head lower to hit my second target of support which is the lower green line
Bitcoin currently playing a snakes and ladders pattern right now as it constantly drops to support then tests resistance and drops further to more support and then tests resistance. This is testing times, we are currently in a no trading zone in my opinion as people will get caught out.
i'll let you guys decide, don't have enough time to analyse this
I expect price to move side ways for a few more days and stay along the .618 fib, until it hits the trend line for it to rise potentially higher. If price continues to rise next stop is 1322.52. However if price breaks the trend line expect some down side. In my personal opinion I'm bullish Tesla
My cup and handle prediction is still in play, currently the trend is acting as resistance. Lets wait and see what happens
Bitcoin has been following the trend line since 2011 which represents the average price. If bitcoin continues to follow the trend line then in the near future bitcoin price will be exponentially a lot higher.
bitcoin currently trading within this rising wedge. Expecting bitcoin to top out between 10.1k and 10.2k where there is strong resistance. Bitcoin could drop on or near valentines day