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.
