Bitcoin Target $6250 (2.6 fib ext and top of short-term channel)

Once price breaks out of this consolidation range we should see an impulse to our 2.6 fib extension @6250 (Breakout by Tuesday). I will expand on this idea once we break out and confirm the move to the upside. I will also share my thoughts on why I believe we can now safely assume that the bottom IS IN. Woohoo! Hope you guys have a wonderful Sunday.

Below is a screenshot of the breakout I called while most of these professional demo traders were screaming short. Timed the initial push perfectly and the move was even stronger than I anticipated. Exciting times ahead in crypto!

Published at Sun, 07 Apr 2019 13:01:17 +0000

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