BITCOIN OVERBOUGHT - DROP BEFORE END OF THE MONTH!
Hello all,
As we saw stocks had a recover today but they will not keep bulish flag while people still losing jobs and are closed at their homes and COVID have no real solution yet.
Bitcoin was pumped till this position in order to allow big players sell slowly in this channel then we will see a drop to keep acumulating in lower levels as we can see there is no real demand in the current price.
I expect a drop to 3-4-5xxxx levels before end of the month.
As we saw stocks had a recover today but they will not keep bulish flag while people still losing jobs and are closed at their homes and COVID have no real solution yet.
Bitcoin was pumped till this position in order to allow big players sell slowly in this channel then we will see a drop to keep acumulating in lower levels as we can see there is no real demand in the current price.
I expect a drop to 3-4-5xxxx levels before end of the month.
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