We will have a target all the way up which is ofcourse a very tradable event and well bitcoin came up and perfectly met the target and
yesterday i said that the target was 13,316 approximately and you see that's exactly what happened bitcoin came up to 13,364. and then we actually dumped straight back down again this was a trade of approximately to the target 2.3 percent image source

Question of the day

The question is of course what is happening we can see that bitcoin is running in to this resistance line and we see we had the previous rejection there previous rejection and this is also now a rejection and the funny thing about this line is that it's extremely significant and it's a very very long term line you this is quite mind-blowing actually not only is this level the top from back here in oct when bitcoin went up to 14,000 approximately this level is of course at 13,186 this horizontal line
You can actually see that bitcoin got rejected and then a perfect touch exactly on this level 13,181 approximately but it doesn't end there if we zoom out even more look at this back in the huge bubble when bitcoin went up to 30 up to 20,000 look at this when we broke above this level it acted as support immediately right there and then it acted as support and then right there as well and then immediately when bitcoin broke this level at 13,000

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