BITCOIN: Good signs on the market...
So far it's being an exceptional day for the crypto market and more in particular for BITCOIN which is experimenting a nice increase on the trading volume the last few hours.
The 1 Hour chart is showing a nice and sustained rise of the price accompanied by an increase on the volume as I said, it has passed from 17b to 22b USD according to https://coinmarketcap.com/.
The Elliot-Wave count that could be right now on the playing table launches a price of 8800 USD if we take use of the typical FIBONACCI's Levels.
The breakage of this price level is crucial in order to confirm the continuation of the Uptrend after a very long correction from the High Point of the Year (14000 USD)
.
Again, it is important that the Trading Volume keeps growing so indicating that the action is back leaded by the buyers.
Crossing fingers.
Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
Posted via Steemleo | A Decentralized Community for Investors
