Traders were right again!

in #trading • 6 years ago

And yet again traders I analyse were right!

BTC broke $5050 level and is posting bull flag formation. Traders think this means BTC  is likely to test $6000, which is resistance zone. 

And number of traders suggests that BTC will not be able to break though, and will be pushed down to 5000 or 4500. But, since BTC consolidates - it will then retest 6000 again and agin. If it breaks through - then next targets could be 6500 or 7000. 

#investing #cryptocurrency #bitcoin #money
6 years ago in #trading by
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