Next Bitcoin price target is around 30.000 US Dollars
A few days ago I predicted that there will be a good chance for an entrance or new positions at the level around 8.000 ~ 9.500$. It perfectly landed but changed the direction at the top of the buying zone at around 9.300$.
After we run through the resistance at 12.000$ and went to 12.800$ we are now around 12.600$ which can be considered pretty bullish if the buyers can defend the 12.000$!
Next target is aorund 30.000$! What are the signs therefor?
As you can see in the Chart the last differences between last Low and new High were around 200% (158%, 175%, 275%)
At the level of 30.000$ it would make sense if it keeps his trend and leads in a correction at around 200%+ of the last deep
Also 30.000$ will be a big physiological resistance that probably leads to profit-taking and from the whales and sell-off from the small market participants
It's also possible that we will test the 9.000$ or even 8.000$ so always build your positions with partial purchases!
Thanks for reading and subscribe for next updates and feel free to support me i would appreciate it :-)
LTC - Lg91Mj62MZ4CSYbgqYz7ph9inYuohawg6R
ETH - 0x638a53d082eeba7833c6b2c52b97c8edb8450f93
XRB - xrb_37kfchimzo8djedmun487uj9xpp1wpzkwxm7teqqsgg3a3h1egmepugy6a9f