BITCOIN $9400 hit. Next targets on the short-term.

8 thg 7, 2020

Bitcoin eventually followed the short-term formation I posted a week ago, and hit the $9400 target.

The Falling Wedge has been broken to the upside and since the price is still within the Channel Up pattern on the 1D chart, it turns bullish on the short-term.

On top of that the LMACD has made a clear Bullish Cross and if BTC forms another green 1D candle tomorrow (unlike the last time of the LMACD bullish cross), I expect to fill up the gaps left of the Lower Highs of the broken Falling Wedge. Those are $9750 and $10000.


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