Bitcoin to surge to $14,000, technical strategist Katie Stockton says - Business Insider

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Bitcoin could surge to $14,000 as short-term momentum improves, technical strategist Katie Stockton says

The development was considered a big one by many crypto investors, including Galaxy Investment Partners CEO Mike Novogratz, whothat major banks will likely take the same path as PayPal and that "we have crossed the rubicon people."

The technical strategist highlighted that bitcoin prices "have gained short-term momentum" after successfully testing the key psychological support level of $10,000 in early September.Market wizard Jim Rogers started trading with $600 and now has a reported net worth of $300 million. He shares the 8 trading rules that ensured his success.

In technical analysis, traders use the Fibonacci retracement tool to help identify levels of support and resistance that the market might encounter during a sell-off or rally. The tool is based on the Fibonacci "golden ratio" and focuses on the 61.8%, 50%, 38.2%, and 23.6% levels of a market move.

 

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hi we have for sale 120,000 any buyers

to be honest, bitcoin never was and never can be a safe investment option.

Time to short it

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