I would say 95% of people see BTC doing a pullback to 3k or 4k range in the coming weeks. I think BTC has some surprises for us! After analysing the price action and fractals of XRP, I have discovered interesting similitudes. This makes me believe we could see very bullish price action in the coming weeks where BTC could go as high as 8k. Time will tell :)
Note
Based on this ibb.co/GJyYNLcNote
If BTC can't go above the Weekly 50MA, then the same fractal will occur between the 50WMA and 200WMANote
Bitcoin has just tested a major trendline and has done a nice bounce, we need to keep above this https://trendlinehttps://www.tradingview.com/x/G5LpGfkL/Note
So overall this is a very healthy correction which would get us out of that parabolic move, I am hoping now to see a good sideways consolidation for a good two-tree weeks to give alts more room for growth.Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.