Purple line significance

21 sept. 2023

Believe it or not, I’m pretty sure bitcoin is going to drop to 20K one last time. Trade it wisely and manage risk accordingly. Overall bitcoin is extremely bullish, but we have important long-term goals to achieve first.

26 sept. 2023

Note

There had been strength on the weekly chart which could have affected the outcome of this short prediction. It would appear, however, that it's being outweighed by the current market sentiment and will likely continue the downward movement.

I am still expecting movement towards 20k. If this changes, I will re-assess.