Bitcoin Bull Market $16000 Incoming
Hey traders,
Since the start of this month after the Bitcoin price spiked from $13600 to $16000, it's been consolidating and lacking a sense of direction.
The price has been very unpredictable and hard to read until this morning, I think I have a sense of where the market is headed. Right now, the greed index on Bitcoin is very high sitting at 90/100 fear/greed but honestly the markets are going to continue pumping, It doesn't make sense for the price to dump hard, a hard correction, after not even rejecting off of a major resistance level.
I don't think we'll have a decently sized correction until BTC touches at least $16000. The price is obviously still grinding upwards, we saw a back test of the $14601 support level and now the price is ping-ponging back upwards to the next highest respected resistance level.
TP1 🎯 $16124
TP2 🎯 $16599.99
As always please do your own research, I am not a financial advisor.
Since the start of this month after the Bitcoin price spiked from $13600 to $16000, it's been consolidating and lacking a sense of direction.
The price has been very unpredictable and hard to read until this morning, I think I have a sense of where the market is headed. Right now, the greed index on Bitcoin is very high sitting at 90/100 fear/greed but honestly the markets are going to continue pumping, It doesn't make sense for the price to dump hard, a hard correction, after not even rejecting off of a major resistance level.
I don't think we'll have a decently sized correction until BTC touches at least $16000. The price is obviously still grinding upwards, we saw a back test of the $14601 support level and now the price is ping-ponging back upwards to the next highest respected resistance level.
TP1 🎯 $16124
TP2 🎯 $16599.99
As always please do your own research, I am not a financial advisor.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.