I will keep this short! Bitcoin is currently being supported by the .786 fib level from December's 2020 swing low price to April's 2021 swing high price. I strongly believe that this level of support will not be broken due to the formation of a hidden bullish divergence which can be found on the daily. I've been in this space for sometime now and I assure you that these hidden divergences are strong indicators. 95% accurate. That being said, I expect to see a strong reversal, one that will bring Bitcoin's price to $87k or $110k before year end. (But wont end there) Maybe $250k?
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
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