Yikes... $30,600 by December 21-23? Kind of unbelievable even as I was mapping this adjustment out, but ehh... we saw Tesla, NIO, etc. Heck, if (Nikola) can be a multi-billion dollar company and cause stock market mayhem without an actual product and a bunch of falsified ads.. anything is possible. So I am not going to think this is not either. It is 2020...
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Bitcoin Right Now: $23,844I did some refinement and it looks like
25K may produce just a tiny pullback (but much less than one would think since it's quite a psychological number), but the new price target is a hair under $30,000 at $28,200.Of course, the top wicks created by momentum can never be gauged so it's a good chance it could wick up that high, but $28,200 is where I'd be targeting to begin some distribution.
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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.