BTC - Heading to the 4500$ as target - Update

in bitcoin •  7 years ago  (edited)

Hello my dear followers,

Here a small update as some of my followers are little worried about the little correction we had 1 or 2 hours ago. The 4500$ target is still valid and I will show you here how you can know if this stays valid or not.

Look that chart :
BTCUSD4500.jpg

To resume the situation, we are still going to at least 4500$ if we don't break the blue line that I traced. We can have small corrections and test it but if we don't break that line with volume we are still safe to reach the 4500$.

However, if you see that we are breaking the blue line with important volumes (2 or 3x more than previous candles), be prepared to have at least a short term correction on the bitcoin price but I will give you an update if that happens.

Take care all,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to loose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BTC - En direction de la cible des 4500$ - Mise à jour

CryptoPassion-Bannière.jpg

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  ·  7 years ago Reveal Comment

You welcome @arooj

Nice Update ^^
I hope we will see the green line in some hours and not the red line :D

We all hope hehe except bearish traders but it is another story :p

Very nice @cryptopassion ...bless

My pleasure ;)

there are very different thoughts about this. One thing, that most of btc investors do not know, is that around 90% of all bitcoin is in the account of 1% of all btc investors. And if few of them buy or sell it, it already makes some moves on the market...

Hello @cryptopassion ... Nice analysis :-)
I also do daily BTC/USD analysis with good results, pls have a look at it and give suggestions:
https://steemit.com/trading/@aarcee/bitcoin-trade-btc-usd-03-oct-2017
Thanks

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