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RE: Bitcoin (BTC) Mid-Day Update: ABC Likely Complete; $9,451 likely Next Target

in #bitcoin7 years ago

Judging by the charts now we are looking at a potential head and shoulders pattern. BTC topped out at 9064 yesterday. Its currently moving back up form the correction and am looking at it to hit he $8800 USD mark. This comes from the higher lower that was formed on the daily.

Will need to watch it closer on the 15 min time frame to see if we will get a higher high or another dip.

Thanks my opinion based on the 15m, 4hour and daily charts atm