127K is the next one
Morning folks,
So, today is not too many things to comment - our 102K target is done perfectly, as well as entry process setup.
Now we need to give some time to the market and see what the reaction will follow on this level. Reasons for reaction exist - monthly and weekly Overbought, strong and important 100K target. So at this point I wouldn't hurry up with the new long position.
Based on monthly chart next all time target is 127K. It doesn't mean that BTC will go to it immediately, but this is just the next one to consider, when you plan to invest or buy BTC for long-term some day later:
So, today is not too many things to comment - our 102K target is done perfectly, as well as entry process setup.
Now we need to give some time to the market and see what the reaction will follow on this level. Reasons for reaction exist - monthly and weekly Overbought, strong and important 100K target. So at this point I wouldn't hurry up with the new long position.
Based on monthly chart next all time target is 127K. It doesn't mean that BTC will go to it immediately, but this is just the next one to consider, when you plan to invest or buy BTC for long-term some day later:
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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