$XBT slowly gaining momentum. Short-term analysis
Updated
As we can see at the moment this one looks quite side way after recent pump of tether issue. We nee to be careful on this setup as there is no ultimate sign of things will go up and down and it's quite hard to pick which way the price can go.
6 recent candles forming up a quite equal bear and bull power on the market. Plus it's on the middle of BB line.
We need a strong fundamental issue to move the price up and strong fundamental fud to make the price go down. BAKKT will coming in November, let's see in a couple of weeks we can get back to 7k again.
My bearish prediction will be $5700 - $5800 is the ultimate bottom of the year and we probably never see this price again as the demand increase soon.
6 recent candles forming up a quite equal bear and bull power on the market. Plus it's on the middle of BB line.
We need a strong fundamental issue to move the price up and strong fundamental fud to make the price go down. BAKKT will coming in November, let's see in a couple of weeks we can get back to 7k again.
My bearish prediction will be $5700 - $5800 is the ultimate bottom of the year and we probably never see this price again as the demand increase soon.
Comment
Sideway!Comment
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SIDE WAY AFComment
Looking forward for more upward yeahComment
Another perspectiveComment
Sideway Af!Comment
Let's see what will happen!
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