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RE: Bitcoin (BTC) Morning: Short Term Target Could Exceed $8,100

in #bitcoin7 years ago

Don't forget though, Haejin relies solely on TA, and typically forgoes incorporating fundamentals. The price surged on partnership rumors, and the announcement isn't planned until April 17th. I'd be VERY surprised if we saw a retrace that deep prior to April 17th. Strong community behind it, and XVG has been resilient even in the face of a recent BTC nose dive. If it breaks below 640 in the next 2 weeks I'd be surprised.

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XVG is on fire. The current correction might be a flat as it looks 3 wavish. If that is the case then we could expect to see the bottom some where around near the bottom of the last drop (813). I sure hope it retraces into the 750 range so I can't at least get my position back.