BITCOIN DECISION TIME (The Buy Pressure Continues for 30k target
BUY EVERY PULLBACK on Bitcoin ,because the Monthly chart speaks volume and shows us that currently Demands is still out growing supply so we might not be seeing huge dump but instead pullbacks are instantly bought back or sideways, the chance of BTC breaking out through the upper trendline of the Bull channels keeps growing. Because the nature of the market is repetitive, I will say the chance of a retest to the 22k to 20k ATH zone is likely going to play out
OPTION A (75% LIKELY)
From the current sideways movement, The Weekly and Monthly timeframe remain bullish but the daily chart has developed interesting pattern, we have two scenes that could play out from here, first is that Demand continues to grown leading to upward pressure,
OPTION B (55% LIKELY)
The breakout TO RETEST ATH from 19500 could serve as a good support for buy which happens to be the ATH zone and new support to serve as the zone for accumulation and the trend continues to the upside after the retest,
REMEMBER THAT IN ALL IN ALL HOLD TILL AT LEAST JAN 2021!!!!!!!
OPTION A (75% LIKELY)
From the current sideways movement, The Weekly and Monthly timeframe remain bullish but the daily chart has developed interesting pattern, we have two scenes that could play out from here, first is that Demand continues to grown leading to upward pressure,
OPTION B (55% LIKELY)
The breakout TO RETEST ATH from 19500 could serve as a good support for buy which happens to be the ATH zone and new support to serve as the zone for accumulation and the trend continues to the upside after the retest,
REMEMBER THAT IN ALL IN ALL HOLD TILL AT LEAST JAN 2021!!!!!!!
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