BTC –
Wave Analysis
During the previous trading day, after a drastic decline in value, Bitcoin gained value significantly and ended up closing as a bullish pin look alike on the daily chart. As long as the price remains above 6168.80, we expect nothing but a possible bullish price rally towards 6478.10. If this target is broken, then we expect further momentum towards 6814.80. This view can only be rendered futile in case the price breaks below 6168.80, if this is the case, then we’ll expect a possible surge further to the lower side with an ultimate target at 6000.00.
Trade Recommendations:
We’re long towards 6478.10
101% Double the volume
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