Bitcoin is Ready For 100k

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Bitcoin is Ready For 100k
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BITCOIN REACHING 100K Soon!
Bitcoin is ready to move higher in the next few
weeks. After reaching the low of 43,000 on 28th
Feb BTC jumped right off the support and
currently trading around 54000. Thats almost
25 growth in 2 weeks. Many analysts are
predicting different prices at the moment. The
coinmomo Analyst Team is expecting the price to
hit 100k till the month of Aug this year. This
is decent and reasonable target as compared to
other analysts.
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Lets have a look into some fractals. In Nov
2016 when BTC broke out of the resistance the
price of BTC was trading around 700 it was then
we saw a huge rally upto 19850. This time that
breakout point was 10.5k we already pushed 6x
till this date and according to the fractals it
is highly that the price will hit 100k mar
sooner than August.
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Short term Prediction
In the short term you can see an inverse Head and
Shoulder pattern in the chart. The breakout
already happened and what we need is a clean
retest to pump all the way to 60k to reach the
Once we break above the60k level the next level
will be around 72k followed by some retracement
and possibly heading towards the 100k level in
the next few weeks. Do share this blog if you
find it useful!
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For more update , visit us
https//www.coinmomo.com/article/bitcoin-is-ready-
for-100k