Everyone's been calling it for weeks and it's looking more likely than ever. Some positive news on fundamentals for Bitcoin are a bit worrisome (e.g. Bakkt supposed launch in a couple of weeks, maximalists hyping up the halving, HongKong issues supposedly pushing up BTC price), but I'm looking for a solid dip to fuel up the bull-run we've all been waiting for.
A drop down to $8k-8,250 range would be about a 50% retracement. Bottom of the triangle shown is the 68%. This is based on Fib levels using mid-Feb 2019 as the start of the uptrend.
A drop down to $8k-8,250 range would be about a 50% retracement. Bottom of the triangle shown is the 68%. This is based on Fib levels using mid-Feb 2019 as the start of the uptrend.
Trade closed: target reached
Worked out just as planned!
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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.