Cryptocurrency companies are preparing for a massive advertising campaign during the Super Bowl this weekend, with some analysts predicting it could boost the price of bitcoin in the build up to the event. -Yahoo! Finance
It is likely we are in a big ole' bull flag right now.
First, we are going to drop and re-test the 40.5k level. Incidentally there is a CME gap there.
Second, we are going to have another massive impulse to the upside, with a target of 53k.
Third, we are then going to retrace. By a lot.
Stay tuned for the updates on that retrace, once the next high target is hit.
It is likely we are in a big ole' bull flag right now.
First, we are going to drop and re-test the 40.5k level. Incidentally there is a CME gap there.
Second, we are going to have another massive impulse to the upside, with a target of 53k.
Third, we are then going to retrace. By a lot.
Stay tuned for the updates on that retrace, once the next high target is hit.