By the looks of it, we are staying within the same channel we have been trading in since June 2019! The volume on this pump even looks weaker compared to the last 2 pump. $5000-$6000 looks very possible! I would give it 55-60% chance of happening. Don't get excited and jump in on top of the channel, wait for confirmation of bull trend.
Note
Looks like #bitcoin #btc is on track down to 6k area. Just took a little longer than I thought to reverse.Trade closed: target reached
#Bitcoin took a little detour but we ended up in the same area I projected.
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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.