I'm expecting Bitcoin to rise over time until it reaches the resistance at around $3900-$4000 in around two weeks at most. In the mid term, I think it should be able to touch up on $4500. We should expect some pullbacks, but as long as Bitcoin doesn't fall to a lower low than those represented by the purple line in the graph, its uptrend is strong.
I'm going long on Bitcoin and similar altcoins in the short term, as the many dragonfly candles should indicate bullish movement soon, possibly even a speedy breakout, so prepare your alarms and happy trading!
Thanks for reading.
I'm going long on Bitcoin and similar altcoins in the short term, as the many dragonfly candles should indicate bullish movement soon, possibly even a speedy breakout, so prepare your alarms and happy trading!
Thanks for reading.