Where does bitcoin go next?

jondoe(76)
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The question on everyone's mind...

After some chop in this area we are likely set to break in one way or the other.

Cool, give me some numbers!

Well the target on the upside is $8,500.

If we break that, I think $10k is in play...

(Source: https://www.newsbtc.com/2019/05/24/bitcoin-ceiling-at-8500-but-att-is-a-stamp-of-approval/)

On the downside, the first target is $7,500.

We got close the other day, but not quite where we needed to get to.

After that I would look for prices to pull back to $6,500 and $6k.

There is an outside chance and a dream buy scenario where prices pull all the way back to the $5,600 area.

Happy trading.

Where does bitcoin go next? | Ecency