As Bitcoin is trading at the all-time-highs, it's necessary to make an assessment of the targets for the long position.
If we look back we can see that during the last rally BTCUSD made around 261% of the preceding correction:
Now, as BTCUSD almost passed 161% level and assuming that history will repeat itself, we could expect the next "big" stop on our #ToTheMoon journey around $1800 level.
If we look back we can see that during the last rally BTCUSD made around 261% of the preceding correction:
Now, as BTCUSD almost passed 161% level and assuming that history will repeat itself, we could expect the next "big" stop on our #ToTheMoon journey around $1800 level.
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While my $BTC are stuck "unconfirmed" on the way to the exchange I can only hope this is just a short-term move
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