BTC is very near the top moving average (red line). May be a similar correction we seen in January. Nothing new. Same patterns as 2017. Still longer term goal is $100,000 or €82,520 as a top range of a long term logarithmic resistance level. When BTC is near $100,000 it should have had broken above the (red) top moving average in a very sharp move upwards. This time it could be different. If there is no sharp movement or high volatility near this level, there might be another pattern forming yet to be seen.
Commento:
Spot on.
Trade chiuso: obiettivo raggiunto:
Target reached.