If we zoom out we can see that a bullish pennant has formed. Based on the uptrend the target is set at $18,000. This is supported by the bullish MACD cross which can be seen in my previous analysis. Note that this is a long-term price prediction so any short term trades should refer to a lower time frame. If you are a long term holder this year should be very promising.
Note
Looks like we hit it boys
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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.