Bitcoin is not ready jet?
I think bitcoin has a good uptrend but there is to much of emotion in the market because everybody wants to get millionare. The Price does jot even break out over the Middle support and than it has to turn from resistance into Support and than you coouuuld say it is a bulltrend to the upside and reach the higher price level. Not i think the price has in longer timeframe to correct untill the 20k. Maximum 14-16k. Beacause 14-16K is a price which trust me everyone could handel with and more people had the opurtunuty to buy one bitcoin. Whem this happens than there is a possibility to reache the 100.000 or 200.000 price level.
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.