Bitcoin will go to 8K - A few arguments
Weekly:
1: Bull divergence on OBV. Positive reversal on volume
2: Triple bottom/strong support at 5800 range --> tested three times, three times it hold
3: Fundamentals are really strong at this point
4: Some alts are making a strong comeback
Daily:
1: Bull divergence on multiple indicators
2: BB squeeze coming --> volatility coming very soon
If BB squeeze results in a red candle --> probably towards 5800 again --> If that fails to 5500 area
If BB squeeze results in a green candle --> Towards yellow area --> if it holds that --> 7000 area --> 8000 area --> 10k in September? (narrow cloud entrance)
1: Bull divergence on OBV. Positive reversal on volume
2: Triple bottom/strong support at 5800 range --> tested three times, three times it hold
3: Fundamentals are really strong at this point
4: Some alts are making a strong comeback
Daily:
1: Bull divergence on multiple indicators
2: BB squeeze coming --> volatility coming very soon
If BB squeeze results in a red candle --> probably towards 5800 again --> If that fails to 5500 area
If BB squeeze results in a green candle --> Towards yellow area --> if it holds that --> 7000 area --> 8000 area --> 10k in September? (narrow cloud entrance)
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