Bitcoin scam may cause pump
Updated
Bitcoin is still battling between $9000 and $10,000 without much clear direction. Following the unfortunate BTC scam on Twitter the crypto space has gained much publicity - whether this is good or bad for the space remains to be seen. In the meantime my bias remains bullish with a test of $9300, a breakout would further confirm this run, our next stop being $9550 and eventually $10,000 again. Our other scenario would be a push back down towards our trend line and the $8880 level.
Trade closed: target reached
$9300 target tapped perfectly but no break may see us back down at $8800 before anything bullish
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.