BTC view for the next weeks
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BTC has bounced very well since a few days. Yesterday it was rejected by the next resistance (dashed line) and the MA 50W. It seems to continue going down.
I think that BTC would retest the MA 50W some times in the coming weeks before breaking it to go higher. My predicted mid-term target is still $32000 and BTC would not be lower than the EL Line (please refer to my previous post with the link below).
I think that BTC would retest the MA 50W some times in the coming weeks before breaking it to go higher. My predicted mid-term target is still $32000 and BTC would not be lower than the EL Line (please refer to my previous post with the link below).
Note
BTC was rejected by the dashed line resistance and the MA 50W & 200W. It's been going down as expected.Note
BTC is still moving as expected (some how). Now it is going down to $21000 - $22000 area again, for liquidity grab.
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