BTC to touch 9.5K
Updated
BTC run is still not supported by the volume that we expect. Transactions/day still remain low (may be the effect of the regulations).
i.imgur.com/mbHaWRm.png
This rally has got some legs but currently it wont go above 9.5K. At a 23% retraction from the predicted 9.5K rally, we should settle at $9050 and go to either sharp upturn or the week long accumulation phase
If BTC holds above 9K it will start a new rally. Trade carefully with tight stop loss from here.
BTCUSDTrade closed: target reached
Note
Volume is just too low to support 10% price appreciation in 1.5 days. Trade closed- locked profits for the dip
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