$BTC - ANALYSIS 1W, IN (investment) We had another strong | MJ Crypto™ Signals
$BTC - ANALYSIS
1W, IN (investment)
We had another strong close on weekly chart yesterday!
This time bullish convergences are in play which is strong indicator that this super bull run is not over yet! Most probably going into at least one more leg to 3rd impulsive wave if not even prolonging the super bull cycle up to around 130k after retesting breakout. End of the year has alway been important time for BTC since largest and oldest coin shows what will happen with all crypto market later on.
In 2017 buble pop we had BTC reaching ATH in December, other alts reaching it in January. If this repeats we will most probably see at least 89k price by then if not even higher!
Time frames on the graph are not exact!
Taget price 1 for taking some profits from investment is just bellow 90k. From then on price movement has to be observed to make future decisions about where to scale out on dollar cost average (DCA) in order to stay safe and lock additional profits.
Welcome to Trading Signals and Learning Opportunities. Information shared does not suggest any investment, trading, or financial advice. Evaluate before making any decision. By subscribing, you are ag...
