This is a wild ride. Bitcoin has almost touched $11k and the next obvious Target is around $11.5k where a local high from 2018 and R2 monthly meet and greet.
Looking at this I´d like to update on of my charts that you find attached. If this ride goes on it would not be surprising, that at one point we will head to the Leadline and produce a Bump´nRun.
When this is and how low we will go solely depends on how high we will rise in the first place. Also the bearish broadening wedge is still intact.
Always set stops. Dyor. No financial advice.
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BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com/register/juFlqr
Looking at this I´d like to update on of my charts that you find attached. If this ride goes on it would not be surprising, that at one point we will head to the Leadline and produce a Bump´nRun.
When this is and how low we will go solely depends on how high we will rise in the first place. Also the bearish broadening wedge is still intact.
Always set stops. Dyor. No financial advice.
____________________________________________________________________________________________
BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com/register/juFlqr
