Bitcoin behaved quite strange the last days. Low amount of people expected a longer going upmove like this. I have the feeling that the majority is waiting for a price correction.
Looking at the chart, you might not want to wait for that. We had a cross of the MA50 and MA200. Indicators are bullish. Resistances, which would result in lower prices were crossed easily.
Right now, the next target is around ~7.5k. If Bitcoin passes over that one, the direction would be higher levels - easily towards 0.618 fib.
Looking at the chart, you might not want to wait for that. We had a cross of the MA50 and MA200. Indicators are bullish. Resistances, which would result in lower prices were crossed easily.
Right now, the next target is around ~7.5k. If Bitcoin passes over that one, the direction would be higher levels - easily towards 0.618 fib.
