BTC/USDT, next months scenarios
Updated
Hi guys !
I know, there is many analysis prediction with Bitcoin for the next months, but this one is with (for me) the best and the poor scenarios.
The disjoint angle should end around 5-6 november if the bitcoin price follow his trend line. Then, the trend line should goes up and we should see some green for a moment ! (This is the blue line)
The other scenario for me could be the yellow one. Why ? Because at the end of year, prices go up like last year, where the bitcoin's price was absolutely on fire ! (If you check the chart, last year in November, the Bitcoin's price was very similar like this year.)
Ok. Now, there is two other possibilities if the price broke the resistance and goes early toward 5000 $. As you know, two days ago the Bitcoin's price fallen in minutes from 7300 $ to 6300 $ (- 1000$!). From some news, this is because a big wallet (around 110 000 BTC !) placed some sell order with big amount. So this is to tell you that maybe theses events could happen again and hit the Bitcoin's price toward 4500 - 4000 $.
The last one in purple, is a big bounce from the 5000 $ buy zone. Many people are waiting fro this price to invest more money in Bitcoin and this opportunity could never happen again ! If that happen, this scenario should be similar to the first one (blue) but faster ?
So, thanks for your time and please don't forget that only predictions, share your advice ! :)
I know, there is many analysis prediction with Bitcoin for the next months, but this one is with (for me) the best and the poor scenarios.
The disjoint angle should end around 5-6 november if the bitcoin price follow his trend line. Then, the trend line should goes up and we should see some green for a moment ! (This is the blue line)
The other scenario for me could be the yellow one. Why ? Because at the end of year, prices go up like last year, where the bitcoin's price was absolutely on fire ! (If you check the chart, last year in November, the Bitcoin's price was very similar like this year.)
Ok. Now, there is two other possibilities if the price broke the resistance and goes early toward 5000 $. As you know, two days ago the Bitcoin's price fallen in minutes from 7300 $ to 6300 $ (- 1000$!). From some news, this is because a big wallet (around 110 000 BTC !) placed some sell order with big amount. So this is to tell you that maybe theses events could happen again and hit the Bitcoin's price toward 4500 - 4000 $.
The last one in purple, is a big bounce from the 5000 $ buy zone. Many people are waiting fro this price to invest more money in Bitcoin and this opportunity could never happen again ! If that happen, this scenario should be similar to the first one (blue) but faster ?
So, thanks for your time and please don't forget that only predictions, share your advice ! :)
Note
Bitcoin's price is staying around 6250 $ now, but is still on red on the daily chart...5000 $ is coming ?
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