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ProjectSyndicate
1 Th01 2020 11:23

btcusd 8hour update bull/bears target 9000/6000 projectsyndicate Giá lên

Bitcoin / U.S. dollarBitstamp

Mô tả

bulls get ready to buy dip soon
target 9000 and 9800
bears sell from highs
near 9000 and 9800
stop loss 10500
target bears is 6000 later.
update by projectsyndicate
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randallprince
So, why the down-up-down and target of 6000 AFTER a short bull-run to $9000+? I've targeted high $6000 as a bare minimum and someplace we'll probably range for longer than anyone really wants. Are we talking a repeat pattern again? Or trying to predict a reverse head-and-shoulders?
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HaroldW
Crucial month for BTC. Look back last 5 down moves and you will see January was the timeline. Your 9000 seems high but it is BTC and my take is more downside, possibly just above the 6400 area as if this line breaks it will be bad news for 2020 halving or not. Could hit upper 7k lower 8k area before a move down but I think the move is forthcoming for BTC. Lean more to downside myself.
HaroldW
@HaroldW, 5 down moves of major scale that is started in January to clarify myself.
BodieHannifey
Thank you for your analysis!!
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