BTC long : Short-Medium term

2 thg 10, 2018

With the coiling/consolidation of price action, a break up/down is in the play for the months of Oct and Nov. If the price breaks down, this could essentially be a short squeeze imo to 4k. Now if that does not happen and a gradual uptick in price occurs it will test the 9-10k range with a lot of resistance, the market needs to get optimistic with more volume and overall stronger fundamentals only then we can see a break through 10k, else it will come back down tp 6k leading to even longer consolidations.