Bitcoin continues going up and the $4400 - $4500 range is our next target.
You can expect Bitcoin (BTCUSD) to move to at least this price before we start thinking about retraces or corrections.
After we hit this target, we con focus on the next step. For now, enjoy the profits.
Namaste.
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We are having a retrace right now... USE THIS OPPORTUNITY TO BUY IN.
Make sure to have a plan / trade strategy, targets and stop loss.
Take your time to jump into any trade and make sure to secure your profits.
Thanks a lot for all the continued support.
Hit LIKE for more analysis and profitable trades.
Namaste.
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Here is a trade for Bitcoin (XBT) on BitMEX:
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We are reaching support zone (green on the main chart above). If this level holds Bitcoin can consolidate and move up... If it breaks and closes below it then it can go lower and test the next support at around $3200-$3300.
There isn't much pressure down so it can hold but we definitely have to wait and see... Here is the chart: