General Tone:
We see massive resistance at the $10K range. Hard resistance is $11,750 which we have a chance to hit, though a bull trap is more likely. If $10K is not breached, a support target is roughly $8,650 range.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - Breaking well above $35K (ATH)
General Tone:
We see massive resistance at the $10K range. Hard resistance is $11,750 which we have a chance to hit, though a bull trap is more likely. If $10K is not breached, a support target is roughly $8,650 range.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - Breaking well above $35K (ATH)
