The price actions marked by the circles seem similar enough... I thought I'd point it out...
So I am expecting a similar movement as denoted by the red pointed lines.
BTC might move sideways and then dump further according to my current view...
These are all *short term trends* as we are still in a bull market
and we will remain to be so unless we close below 28K - which doesn't seem likely anytime soon...
Positive momentum isn't here yet and my price prediction remains toward the 39-40K
we'll probably get there due to the weak hands in the U.S. waking up to red candles and selling in panic...
But after that we should see some positive price action. So I hope.
So I am expecting a similar movement as denoted by the red pointed lines.
BTC might move sideways and then dump further according to my current view...
These are all *short term trends* as we are still in a bull market
and we will remain to be so unless we close below 28K - which doesn't seem likely anytime soon...
Positive momentum isn't here yet and my price prediction remains toward the 39-40K
we'll probably get there due to the weak hands in the U.S. waking up to red candles and selling in panic...
But after that we should see some positive price action. So I hope.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.