BTC: SHORT TERM UPDATE! $17K OR $21K??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update. I'm keeping it very short and simple here.
BTC is trading inside a symmetrical triangle in 4hr time frame where breakout or breakdown will decide the next move. IMO this consolidation will be over in the next 2-3days.
The plan is straightforward here. If BTC breaks and closes above the triangle, we see a rally up to $21k. If BTC breaks down this triangle then we see a downside movement up to the $17k level.
My bias is on the upside. I'm expecting a rally up to the $21k-$22k level in the month of October. What do you think? Share your views in the comment section.
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Thank You!
