Bitcoin bullish with a retracement coming at $20000
The price will start to move sideways as investors look to capitalize on fundemental news. Liquidity is in the $20000 and anything above that is anybody's guess..
Bitcoin is definitely in a bullish channel. We broke a major psychological level and should the level close bullish in the weekly chart then I would expect a pullback to $20000 for further continuation of the bullish cycle. Buy at $20000 and enjoy the ride :)
Buy bitcoin at 20000 as it will test it again before going higher.
Keep your eye on the prize.. There's support found at around $17500 zone.. It might test it one more time and move higher.
This is my reason for staying LONG with BITCOIN.. Arrow A indicated a rising wedge which dumped the price of BITCOIN but Arrow B indicates a falling wedge which could higher the price of bitcoin. You can short BITCOIN but do it at your own risk.
Bitcoin is definitely going to break the $20k zone to the $24/$25 zone and come back to test the $20 zone in a few weeks. This is the moment to buy. Join Mirror Trading International ((MTI) if you are looking to grow your BITCOIN. With only $100 to start you can watch your BITCOIN grow daily.
We may see XRP go even higher today.. First profit target in the range of .80 - to $1.
Bullish pattern forming here.. XRP will be breaking out higher this coming week.
If the bears take it beyond 18000 then we could drop further but I think Bitcoin will find support around that area and go back higher.. Always look at the bigger picture.
Expect bullish momentum with definite pullbacks to trap the bears in..