Smoak

Watch out for 7k

BITSTAMP:BTCUSD   비트코인
Bitcoin keeps pumping and its fun. Looks like its heading for 7k where we either get a breakout or get a rejection. 200 MA on 3 day is a good spot to watch. If we break through that, then I think it makes its way to 10k before a roughly 40% correction. Other scenario is rejection at 7k and 40% correction to 4200 level. Reason I say 40% rejection is because even in the bull market of 2017, we averaged around a 40% correction. They were fast and quickly bought up, but they still happened. That, of course, assumes that the correction is bought up. The opposite could also occur and until we put in that higher low on the weekly, we just won't know. Good luck.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.