BTC –
Wave Analysis
So far, no significant move has been seen on this crypto since the beginning of this week, We expect a spike to the upper side, instead, bitcoin went below 6605.05, but has now pulled back above it. As long as the price is contained above 6605.05, we expect a possible momentum to the upper side, if you’re not long already, then the level 6606.09 will be the best place to pick a low risk long position with an ultimate target at 10073.03. This view can only be invalidated in case the price breaks below 6606.09, this being the case, we’ll expect a decline towards 7304.11.
Trade Recommendations:
We’re long towards 10023.03
You may check other analytical reviews on FreshForex website. Source: freshforex.com.