This week’s candle has probably decided the potential move of Bitcoin in the next few weeks/months. According to the last two correction cycles, we have seen the end at a bullish engulfing of the weekly candle.
This is what we are seeing right now. We have got a confident close above the previous candle.
Also, after the last two reversals, we have seen 47-50% move towards the upside. I am going to predict that we will see another 50% move up to 76000$ (or even more).
This is what we are seeing right now. We have got a confident close above the previous candle.
Also, after the last two reversals, we have seen 47-50% move towards the upside. I am going to predict that we will see another 50% move up to 76000$ (or even more).
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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.