quantguy

Heads Up! Bitcoin Closes in on $10K!!

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is rapidly closing in on the prized $10K mark as other cryptocurrencies like XRP and NEO struggle to make new highs and maintain bull momentum. Both Kovach Momentum Indicators are bullish, and we've been encroaching on the upper bound of the Kovach Reversals Indicator for a while now. We appear to be in the third wave of the impulse wave of a 5-3 Elliott Wave, so no telling how much BTC could rip before retracing. For now, HODL to the moon!

If you're interested in the Kovach Indicators and more crypto specific indicators, check them out here!

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