BTC Bitcoin May 7 Morning Update - We Find Support Short Term with a Beautiful Hammer and Bull Wick



General Tone:
We see on the 2 HR, that temporary support will be found from a hammer candle with a large bull wick, rejecting $130 on the down side. A short term target is roughly $9,600 to $9,700 before continuing and finishing the ABC correction.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - $35,000(ATH)







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