Bitcoin Target Reached

By -

Both on Slope and on Tastytrade, I’ve mentioned a target price for $BTC at $6,000 (here is the post from a month ago). It stalled about a week ago, and I started to wondering if it would make it all the way, but it looks like a shoe-in at this point:

bitcoin

Going back to the maxim that support becomes resistance, and vice versa, I offer you this from a year ago in which I pointed out the next important support level was $6,000. Thus, we’re about to run up against resistance at that same spot, just from a different direction.