BitcoinShort
02/06/2021 REALISTIC BTCUSD ANALYSIS
Update:
With institutional Influence, BTCUSD has now reached its previous highest high price range. What we know is that Institutions will be looking at least to take some chips off the table and looking for liquidity areas and rocket the price even more. We could expect BTCUSD to hang around this 40k price range but it is in dire need of a retracement back to support before higher highs. The cycle is now currently at its completion and the correction is bound to happen. Any suggestions or inputs in the comment section is appreciated!
With institutional Influence, BTCUSD has now reached its previous highest high price range. What we know is that Institutions will be looking at least to take some chips off the table and looking for liquidity areas and rocket the price even more. We could expect BTCUSD to hang around this 40k price range but it is in dire need of a retracement back to support before higher highs. The cycle is now currently at its completion and the correction is bound to happen. Any suggestions or inputs in the comment section is appreciated!
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