Bitcoin - 2 Signals point at $9k & $10k targets
Inverse head & shoulder is completing, likely tonight. This will be followed by a rise to $9926 or better within the next few days or possibly overnight after the rally begins.
Also, black lines denote the current Bull Flag, showing a target at around $9200.
Inverse H&S looks stronger and I believe if we actually break $9000 in a rally, we'll be pushing up to touch on $10,000 per Bitcoin.
After hitting the $10,000 target, we may see a retrace to my earlier 61% Fibonacci lines, will give us a potential buy price at around $5700, before we bounce back and push beyond $10,000 with a target of $13,000 by Jan-20th. See my earlier 61% Fib lines here:
Also, black lines denote the current Bull Flag, showing a target at around $9200.
Inverse H&S looks stronger and I believe if we actually break $9000 in a rally, we'll be pushing up to touch on $10,000 per Bitcoin.
After hitting the $10,000 target, we may see a retrace to my earlier 61% Fibonacci lines, will give us a potential buy price at around $5700, before we bounce back and push beyond $10,000 with a target of $13,000 by Jan-20th. See my earlier 61% Fib lines here:
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