Bitcoin (BTCUSD) grew from $9821 all the way to $10248 in a matter of minutes... As soon as Saturday began this move started to take place...
See it here:
If the bulls follow up on this move (a close above EMA50), this can easily lead Bitcoin all the way to $10400-$10600, followed by $11100 if the first target can be conquered. If the price retraces, we continue going lower...
We will need more time to see how this move will develop...
For additional details, visit our long-term analysis:
Or, take a look at the following trades for more:
Thanks a lot for reading.
Namaste.
Catatan
Analysis fully invalidated... Back to the altcoins.
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