BTC short/ Long term trends

28 ก.พ. 2018

Here we see in the short term we are near breaking an important resistance line. We have grazed 11k twice now making the L&R shoulder, and now are expecting to break that resistance any minute now. Going forward we can expect to keep creeping toward that 20K mark, with resistance coming of course. This has been a long bear market, relatively speaking. Don't expect smooth sailing, there will be support lines broken at times, but that is what we will need to reach a new all time high. My humble opinion, optimistically speaking we very well could see 20k range in June. Of course sooo many things can change both technical and non technically speaking, as any Crypto trader knows. Stay optimistic and H O D L!!!!!! (except after that first time we hit these resistance lines, then you can sell and short lol). Enjoy the bull run, we all deserve it!