Serious Price Action Inbound
Updated
Facebook's Libra hits the crypto space with its announcement and Bitcoin is as bullish as ever.
Speculation is at an all time high, and even CNBC is mentioning bitcoin futures going long. As always $10,000 per bitcoin is a huge psychological barrier. If we consider all of the ascending triangles we've seen to this day, we know that this will likely break 10k before June ends.
Fib retracement points to Just around 10,200 for 1.6 retracement (AKA trader's dream).
In the event that we consolidate and maker higher lows it's still a good sign and things will play out as they do. I'm licking my lips greedily for 10k BTC. Happy trading.
Speculation is at an all time high, and even CNBC is mentioning bitcoin futures going long. As always $10,000 per bitcoin is a huge psychological barrier. If we consider all of the ascending triangles we've seen to this day, we know that this will likely break 10k before June ends.
Fib retracement points to Just around 10,200 for 1.6 retracement (AKA trader's dream).
In the event that we consolidate and maker higher lows it's still a good sign and things will play out as they do. I'm licking my lips greedily for 10k BTC. Happy trading.
Note
Look at it go!
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