Wednesday, 14 April 2021

BTCUSD: Bitcoin hit the 64000 point and figure chart target! Next targets 70250/74000!

BTCUSD: Bitcoin hit the 64000 target! Next targets 70250/74000! Bitcoin hit a few targets as identified earlier. The 63250, 63750 and then the 64000 point and figure chart targets were all met! Next targets are 70250 and 74000 but beware we can see a consolidation along the way to the next targets. BTC ATR level is $2770, meaning at any time price can swing with a +/-3000 range! Thats the volatility! Any trainling stop loss should accomodate the vol.

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