abdullatrader

Bitcoin Price Analysis (Update)

BITFINEX:BTCUSD   Bitcoin / Dollar
Hi traders!
Here is a slight update on Bitcoin             and the next expected move (after a valid breakout). As I have mentioned in my previous post, we require closing above $11,900 for Bitcoin             to reach $12,700.
Previous idea:


Let see how the price action develops in the coming hours.


- Abdulla
Join me on Telegram: https://t.me/abdullatrader
thx
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Hope this analysis helps.
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@AAlFadhala Do you think it will rise to around 10800 than continue the bearish move down to around 9500?
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Well... looks pretty valid to me, damn bears..
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@AAlFadhala What is the target now?
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soccerbeme GUilhermetv
@GUilhermetv, It will likely rise back up to the resistance at the bottom of the triangle, then follow that downward arrow
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@AAlFadhala valid breakout?
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lol, omg, its going down now. I lost money, hix hix @AAlFadhala
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Thanks AAlFadhala for the good analysis
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can't imagine we're going up fast in the next days. and even if, wheres the target, 13k or 13,5k maybe? yawn. well, rather hope we go down a bit or level around 9-10k for a clear trend
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