Bitcoin to $9000 and beyond
Hello traders,
Let's get into it:
1. Yesterday's candle close was scary because bulls were in complete control as you can see the candle closed near the high which indicates strength.
2. Last week's candle is bullish as well and I wouldn't want to short this market.
3. We've already hit 0.27 extension target and we didn't see any selling interest.
I will say we will %80 hit the 0.618 extension level or somewhere in that golden zone to see selling interest for a pullback to create a new higher low.
Cheers,
Let's get into it:
1. Yesterday's candle close was scary because bulls were in complete control as you can see the candle closed near the high which indicates strength.
2. Last week's candle is bullish as well and I wouldn't want to short this market.
3. We've already hit 0.27 extension target and we didn't see any selling interest.
I will say we will %80 hit the 0.618 extension level or somewhere in that golden zone to see selling interest for a pullback to create a new higher low.
Cheers,
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