realchartchamp

BTC Reached my October Price Target in 2 Days, Key Support Level

COINBASE:BTCUSD   Bitcoin
I published a Q3 chart analysis and Q4 forecast for Bitcoin with $28.5k as a key price level to monitor. BTC showed a lot of bullishness over the first few days in October, and has reached the price target in just two days. BTC has been in a correction, and has found support in this white support zone. I would continue to monitor this price level to ensure stability before taking a long position back up to $28.5k. So far the white support zone is holding strong. From a TA perspective, BTC is finding solid support on the EMA ribbon and midrange of the Bollinger Bands.

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