Some time ago I bought bitcoin for $2000, before the birth of the bitcoin cash, and at time it seemed that bitcoin for $10,000 is totally unreal, but we know it happened .
Apart from computer viruses and nuclear war, I see no reason why Bitcoin should not come to such high level.
I look at the picture purely technically, assuming that the impossible is possible. Technical analysis is subjective and here is my subjective opinion.
At the moment, we are consolidating after a confident upward movement, gaining energy and shorts for a breakthrough 10k level.
Local triangle, breakthrough levels of $10,000 and $ 8400.
My plan: at the passage and fixing above $ 10,200 to buy and hold as long as possible, since the history of bitcoin movement shows us that all that is ingenious is simple, "buy in the right time and wait" is the most profitable way to trade.
Target 50,000
Cancellation of the scenario is below $5,000, if this support does not hold, we can see minimum around $1,000.
Apart from computer viruses and nuclear war, I see no reason why Bitcoin should not come to such high level.
I look at the picture purely technically, assuming that the impossible is possible. Technical analysis is subjective and here is my subjective opinion.
At the moment, we are consolidating after a confident upward movement, gaining energy and shorts for a breakthrough 10k level.
Local triangle, breakthrough levels of $10,000 and $ 8400.
My plan: at the passage and fixing above $ 10,200 to buy and hold as long as possible, since the history of bitcoin movement shows us that all that is ingenious is simple, "buy in the right time and wait" is the most profitable way to trade.
Target 50,000
Cancellation of the scenario is below $5,000, if this support does not hold, we can see minimum around $1,000.