Why I Believe $6,000 is Inevitable for Bitcoin! (Multiple Time Frame Analysis)
Hello guys, today I want to show my latest analysis of Bitcoin and within that why I believe we inevitably are going to hit $6,000. What happens from that point onwards I think will have massive consequences for the longer-term price of Bitcoin. Here is my analysis:
(Right-click and open image in new tab to read the text)
Let me know what you think guys, do you believe we are going to hit $6,000 or will we bottom out before then? Either way it is surely an interesting and pivotal time for Bitcoin and the Crypto space as a whole!
Thank you for reading and have a great day!
:)
Legal Disclaimer: This is just my analysis and not to be taken as professional financial advice. Do your own research beyond what you read in my blog posts and make your own decisions based on your beliefs about what to invest your money in.
Yes, indeed, I expect 6K as well. Almost everyone does, it seems.
Yeah I've been getting the feeling that a lot more people are expecting it than not so it could be like a self-fulfilling prophecy.
Doubtful.
Do you think we will turn around and begin a bull market before $6,000?
Nope. Side ways action is what I can see. Rise to 9K and then back to 7K.
Ah, interesting!
Yeah, I think we are going to go sideways too.
I used this opportunity to pick up some XLM and ADA for the lolz.
I got a bit of XLM, ADA, IOTA.....
I am a bit apprehensive about iota and ada though.
I tell myself that the worst case scenario, I lose a couple of hundred dollars.
If they go near their last ATH, I would be getting 500% return, which is not awful. Not IOTA, though. There's a reason why some joke and call it "I owe ya".