As long as the old trend line holds, we are on a parabolic run in Bitcoin. Will update when new trend line might be in play. My best guess is that we see 12K and then a correction down in the orange zone around low 10K possibly 9.5K. In this scenario the parabolic movement stays intact and continues upwards with an even steeper trend. 20K before end of this year.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.