XBTUSD, BTCUSD, BTCKRW
BTC thinks it is highly likely to form a box segment to break out of the downtrend line.
The box segment is expected to provide the force needed to ascend.
If we roughly judge the period by the position of the downtrend line, it will be around October 14th to around October 27th.
BTC is likely to reorient between these periods and is expected to rise.
I think we should pay more attention to Altcoin's movement than to see how much BTC will go up or down.
[Box section of BTC]
[MAX]
H: $ 8931 (MP: $ 8757)
L: $ 7740 (100MA of weekly chart)
M: $ 8335
[MIN]
H: $ 8800
L: $ 8215
The box segment is expected to provide the force needed to ascend.
If we roughly judge the period by the position of the downtrend line, it will be around October 14th to around October 27th.
BTC is likely to reorient between these periods and is expected to rise.
I think we should pay more attention to Altcoin's movement than to see how much BTC will go up or down.
[Box section of BTC]
[MAX]
H: $ 8931 (MP: $ 8757)
L: $ 7740 (100MA of weekly chart)
M: $ 8335
[MIN]
H: $ 8800
L: $ 8215
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