Bitcoin to conquer 13000

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Bitcoin hourly chart


Bitcoin this month till 13700 levels but it was short lived as prices then broke 10000 levels and ended in 4 digit number. However it seems that it wont go below 9000 in near term but can definitely conquer 13000 in medium term.

From wave perspective, prices have completed (a-b-c) pattern in flat this can be wave a at one higher degree followed by wave b up or one correction is done and prices will resume the uptrend with wave iii higher. I am open with both possibility which suggests that prices will advance.

In short 9000 is my support, as far as it is intact 13000 and above is what I am expecting.

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