It's been a tumultuous correction, but it seems we're finally ready for the breakout and the new all time high.
Bullish flag has broken upward on the 4h. Time for $11500 within 2 days.
This leg is nearly complete.. and on we shall continue. I'll chart the continuation pattern after we see another flag begin forming.
Educational piece.. How did this rally begin? The Inverse H&S then a "throwback" sent us into a rally, which formed a bullish flag, then a rally continuation, which met the target of the original Inverse H&S (but delayed due to the throwback).
We are on track.
1D chart is completing the bullish flag.
Next Target $14,300.
Still looks like a bullish flag to me while zoomed out on the 1h. Updated Target $13,400.
Another "up in smoke" prediction by The Tin Man. Click your heels 3 times and go back to Kansas. so BTC will never correct after this bullish run already. And go higher on declining volume? Riiiiiiiiiiiiiiiight.
@dubowski, Maybe you should sell then, get out while you can. BTC going to fall to $0 at some point, right? You sound just like those who claimed it would never come back after the correction and long term sideways (2 years) in 2014. It's 2018 man and Bitcoin is coming up on it's 10th birthday. New records are being set year after year. Might as well get out and invest in the stock market and the banks riiiiiight!
@Tin.Foil, I hope you enjoyed the correction from last night after you posted your silly chart. Pretty sure we go down to 9500 first then we test 10.6k and possibly higher after that again. I'm not saying your dollar value isn't right, but your timelines are way off. You say "24k within 30 days" ... well you have 23 days to go my friend. I hope you're right. I'm bullish BTC myself, just don't see it happening this quickly. Stock Market, lol. rather make my 5% daily then go there for 5% monthly.
@MFINITI, From my profile: "Ideas, notes, links, posts, within this profile, reference an opinion and are for information purposes only. They are not intended to be investment advice. Seek a duly licensed professional for investment advice."