Hey,
last time I pointed, that we might be following 2013/2014 chart on BTC and it seems we still are.
So it's just a quick update - I adjusted 2013/2014 price action to our latest bottom and that's how it looks like now.
It may be our bottom for now - I expected we touch 1d RSI bottom trendline and we are just touching it.
A little drop to 42,5-40k is still possible (our support lines and Fibo lvl) and then i expect BTC will fly. If i'm right then we can see 100-200, perhaps even ~$400k for 1BTC in December. Fingers crossed!
If we can't keep the price above 40k then I'd expect we can touch 37-36k lvl so trade with caution guys!
last time I pointed, that we might be following 2013/2014 chart on BTC and it seems we still are.
It may be our bottom for now - I expected we touch 1d RSI bottom trendline and we are just touching it.
A little drop to 42,5-40k is still possible (our support lines and Fibo lvl) and then i expect BTC will fly. If i'm right then we can see 100-200, perhaps even ~$400k for 1BTC in December. Fingers crossed!
If we can't keep the price above 40k then I'd expect we can touch 37-36k lvl so trade with caution guys!
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In-depth update
In-depth update
