Bitcoin has broken out of its triangle and could be headed higher. Unless China comes out with more bad news, bitcoin's next target is $4300. It will be interesting to see how the market reacts to the hardfork coming in November. Prior to the BCH hardfork, bitcoin started its sell off around a month prior to the hardfork date. I believe that this time will be much different. Nobody wants to miss out on the opportunity to get an extra coin and this could push the price up this time, instead of down.
Good eye! It's a valid bullish pattern break to add to the rest of the bullish TA that BTC price action is currently giving us. The only thing I might suggest is that the target might be even higher! http://thepatternsite.com/st.html
Thanks @cryptographic! Yes, it could go much higher, I hope Bulkowskis method is correct :) nothing surprises me anymore with how high bitcoin can go. its a wild ride lol
I need to buy Bitcoin ASAP I keep procrastinating.
It might be a good time to get in, just don't panic if the price falls a bit, hodl
Yes, don't get caught on the sidelines waiting forever lol
Hello guys,which is the best exchange for converting BTC to fiat(USD)?
I use quadrigacx, it's the best option for us Canadians.
I use Gemini.
@yonny got you a $7.86 @minnowbooster upgoat, nice! (Image: pixabay.com)
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