My charts are showing we are on the cusp of cusps. Meeting the Ichimoku resistance shoulder, which generally pushes Bitcoin higher. We're also at the meeting point of a Fibonacci resistance level based on my prediction of achieving $10k. We've already tested $8000 by hitting $7900 the other day, so we'll be re-testing it after this bounce off the Ichimoku shoulder and hopefully breaking through to target $10k within next couple weeks or by end of year.
We are also meeting at the top shoulder of my long-term pitchfork, which shows the current trend. If we can break above $8000, launch off the Ichimoku resistance shoulder and kick over the top of my current pitchfork, then all bets are off and the sky is the limit. At that time, I'll have to completely start fresh on trend analysis and create a new pitchfork model and do some creative thinking about where the Ichimoku lines will lead us.
Bubble? Maybe.. always possible, but I have a feeling that we're going higher, much higher. Trusting my gut.
BUY AND HODL!
Don't forget to follow me..
We are also meeting at the top shoulder of my long-term pitchfork, which shows the current trend. If we can break above $8000, launch off the Ichimoku resistance shoulder and kick over the top of my current pitchfork, then all bets are off and the sky is the limit. At that time, I'll have to completely start fresh on trend analysis and create a new pitchfork model and do some creative thinking about where the Ichimoku lines will lead us.
Bubble? Maybe.. always possible, but I have a feeling that we're going higher, much higher. Trusting my gut.
BUY AND HODL!
Don't forget to follow me..
