Bitcoin

BITCOIN GOING TO 6K! AND THIS IS WHY

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Hello dear Traders, today I will tell you why we are going to 6000 dollar area.


SHORT SCENARIO
Bitcoin held the support area of 6000 dollars for a long time, however mid november we broke this support.
All the way to 3000 dollar and now we are sitting currently around the 8600-9000 dollar area.
But facing this strong confluence zone of both the prior high & the 50% fib of the pitchfork i think we will retest the 6000 dollar area.
Trade wisely, put your SL at the top of the last high ~9000 dollar.

LONG SCENARIO

If bitcoin is able to break the 9000 level, we will go all the way to 10K.

Happy trading

Penafian

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