Technical analyst: after a short “season of altcoins” bitcoin will reach $ 18,000

in bitcoin •  5 years ago 

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Trader Crypto Michaël does not exclude that the first cryptocurrency has already begun to move to around $ 18,000.

According to his observations, the market dynamics is similar to that in January 2016.

“If so, then we will have three months of incredible altcoin volatility ahead of the BTC pre-halving pump. Then his goal will be $ 18,000, ”Crypto Michaël shared his opinion.

According to him, the price has overcome an important mark of $ 8600 and the nearest resistance level is now $ 9000.

“Having overcome it, the following goals will be $ 9,400 and $ 9,900,” the tech analyst said.

According to his observations, the market dynamics is similar to that in January 2016.

“If so, then we will have three months of incredible altcoin volatility ahead of the BTC pre-halving pump. Then his goal will be $ 18,000, ”Crypto Michaël shared his opinion.

According to him, the price has overcome an important mark of $ 8600 and the nearest resistance level is now $ 9000.

“Having overcome it, the following goals will be $ 9,400 and $ 9,900,” the tech analyst said.

Recall that recently Crypto Michaël expressed confidence that Bitcoin will reach the $ 9,500 mark.

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