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RE: Bitcoin (BTC) Mid-Day Update: DECISIVELY BREACH THAT UPPER TREND LINE!!
I provide analysis and graph.
Possible intermediate target 12.500 dollars at the end of 5 waves lower grade. Then come a correction of less intensity than the previous one.
We will see if wave 5 of minor grade can drill the resistance line of 11.700 dollars. If possible and with a large bullish candle would confirm the inverted shoulder head shoulder that is still valid and targets 18.000 dollars.
Another possibility is that the minor degree wave 5 does not perforate the resistance line, and the bitcoin will fluctuate in a lateral band until it gains momentum.
I want to use this Steem channel to contribute ideas and debate them among all, but it seems to be only a one-way channel if the ideas and contributions of others are not supported by the votes.
Giving your vote costs nothing and helps others grow.