🚀 Candlestick NInja Analysis: RIOT & BTC One Final Bull Run! Imminent Breakout to $73-$75k! 📈
Get ready for an imminent bullish rally with RIOT Blockchain ($RIOT) and Bitcoin ($BTC) on May 7th, 2024! In this video, I'll break down my analysis and predictions for both assets.
I am bullish over the short run, expecting Bitcoin to surge to $73-$75k. However, I believe after this leg up, we are due for a significant correction towards $35-$45k. Bitcoin is showing a bullish V-shaped recovery, with higher timeframes indicating oscillators descending into oversold territory. The daily Bitcoin chart is also primed for a rip after settling just above $63k.
My target on RIOT is $14 within 1 to 2 weeks. Don't miss out on this potential breakout opportunity!
#RIOT #Bitcoin #BullRun #Cryptocurrency #TechnicalAnalysis #TA #TradingStrategy #BTC #RIOTBlockchain #Bullish #StockAnalysis #MarketInsights
Disclaimer:
For informational purposes only. Not financial advice. Trade at your own risk.
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