quantguy

Next Profit Target For Bitcoin!!

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin hit our target at $64.3K and has retraced to the level below at $61.6K. We have made you aware of this support level for some time and it may be a good time to add to your BTC. The Kovach OBV is still strong, suggesting this dip may be transient, likely due to profit taking. If we dip further, expect support at $59.4K or even $57.7K. We are still bullish of cryptos and BTC is within reach of our next profit target of $66.3K, a Fibonacci extension.

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