We´re looking at the BTCUSD 1W chart, log on. What we´re seeing here is the upwards trendline, starting even before 2012, when bitcoin was 2 dollar! BTCUSD has touched this trendline about 4 times in the past years. Everytime BTCUSD comes close to the trendline, BTCUSD continues his uptrend. Right now, we're close to it.
I´m expecting BTCUSD to go not below the...
I've been around a couple of months on TV now. Learned a bit about TA and I think I found out what BTC's short term plan is.
Looking at this 1D BTCUSD chart, our first target seems to be around 6900 dollar. Our second target is to be found around 8600 dollar. Why I think this? As you can see I've drawn 3 descending wedges. The first wedge brought us from the...