UnknownUnicorn1615160

BTC Daily - Rounding Bottom Reversal Pattern - Same as GOLD!

COINBASE:BTCUSD   Bitcoin
Always good to review possible long-term trends. Will not go straight to pattern target in April, but this is my Q4 2019 target.

I've been much more active on Twitter (info on profile page) so follow me there for intraday updates. I'm going to publish a price analysis update tomorrow across Top 5 coins (video) here on tradingview. check back for that.

Gold has a 6 year rounding bottom recovery. Bitcoin has similar fractal .

If BTC breaks 6k someday it has a pattern target to an interesting resistance line that lines right up at $11,700.

See you tomorrow for real-time update looking at current trades I placed today, trades I took profit and how I'm going to manage BTC risk this week.

Cheers,

Bobby
Penafian

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