Possible BTC price buttoming around 21k
Updated
Just an idea .... this is a possible price action which could develope. It could also be like zig zag pattern, but whatever the shape is, should be appr. inside the bearish channel. We might also head out here and there but then get back in again... . No boday knows exactly how it will be, trading was always and will be a game of probabilities. Trade safe folks :)
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looks like we are moving along the downwards channel, I see the end of the channel around 19-20 k (massive resistance zone) which I see around middle to end of July, maybe August. If we slide further down, next stop would be 15k, as there is no resistance zone until 15k, but I will update when it is time for it to call. Unteil then we are going to see some corrections here and there, which I will update you guys about. So trade happy, trade safe folks. Pls like and share if you like the content
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looks like we closed wave 2 with strong C upwards. I still don't see any reason to be super bullish. For a change to a super bull with a target of 45-50k, BTC needs to break the upper (red) resistance line and close there on daily chart. So I stick with the scenario downwards.Note
hmmm, is this getting relevant again?! 61.8% retracement would fall into 19k ish! ... let's see
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