BTC breakout or correction
Updated
Hi,
Thanks for reading my idea, feel free to comment and add your opinion.
In my previous idea i showed how the trend was going and there could be a breakout this weekend to ATH.
But that didn't happen and bitcoin stagnated in the last couple days.
But now we are arriving at a very important moment.
BTC will go for the 4th time for a breakout to ATH, so that means in most cases there will be a huge move.
Or it will break through and go for new ATH, 21-23K$ target or it will get massively rejected, and go back to 14-17K$. (20-30% correction possible).
Short term, and for trading, BTC doesn't look good in the technical analysis, strong sell suggested for 1-5-15min.
From 1h till 1 month everything indicated buy but I wouldn't recommend it.
NO FINANCIAL ADVICE
Thanks for reading my idea, feel free to comment and add your opinion.
In my previous idea i showed how the trend was going and there could be a breakout this weekend to ATH.
But that didn't happen and bitcoin stagnated in the last couple days.
But now we are arriving at a very important moment.
BTC will go for the 4th time for a breakout to ATH, so that means in most cases there will be a huge move.
Or it will break through and go for new ATH, 21-23K$ target or it will get massively rejected, and go back to 14-17K$. (20-30% correction possible).
Short term, and for trading, BTC doesn't look good in the technical analysis, strong sell suggested for 1-5-15min.
From 1h till 1 month everything indicated buy but I wouldn't recommend it.
NO FINANCIAL ADVICE
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