General Tone:
The bearish view, we find confluent reasons to enter near $7,200 range since it hits the 0.786 fib level and a major trend line support.
The bullish view, we hold above $8,087 and break above $8,644.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - $35,000(ATH)
General Tone:
The bearish view, we find confluent reasons to enter near $7,200 range since it hits the 0.786 fib level and a major trend line support.
The bullish view, we hold above $8,087 and break above $8,644.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - $35,000(ATH)
