BTC looks extremely similar to the 21st of September where we predicted a drop to 33,000 but we bounced at 38,000. We may see a similar move here with those predicting we move down to 53,000 but our bounce may be already developing. If we see a similar move here then our RSI is ready for a move up to the $80,000 area. This would mean we consolidate for about a week, then move up to $80,000 in the timespan of about 2-3 weeks. During the time of consolidation we would also see a week of crazy alt price action. NFA Goodluck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.