Bitcoin Bull Run Possible Scenario
Updated
Monthly chart shows you a bearish bat with possible targets for the new bull run. I can see a retrace one more time (after US election results?). It all depends on what covid19 will bring to the table for the next 6 months... rest will be history again.😊 Please feel free to comment below if you have any further questions or if you see something different. Cheers! 👍
Note
We might going to see a bigger correction back to the mean which would be more than healthy for this bullrun. However, the next bigger psychological target would be 50K where I see a potentially another correction coming - Based on RSI and MACD...
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