The Summary of this article basically says, Bitcoin has found a price range and needs a few more swings before continuing the underlying rising trend. Goldman Chief Technician Sheba Jafari expects the next big surge to bring bitcoin to at least 2,988.
She predicts
Anything above 3,000 (Jun. 13th high) will suggest potential to have already started wave V, which again has a minimum target at 2,988 and scope to reach 3,691 (the latter being a preferred target as this assumes a new high). At this point, it seems reasonable to assume that the market is in a corrective process until there’s been real evidence of an impulsive advance.
My Thoughts
I'm kind of inclined to agree with her. (This is not trading advice)
What are your thoughts?
i've allready made a post. have a look at this and tell me what you think https://steemit.com/bitcoin/@niallsemple/bitcoin-and-the-forking-lol-say-the-title-out-loud
I appreciate your upvote! Followed 👌🏻