Hello everyone!
This is my idea of what I believe will happen with BTC in the short/medium term. I base my analysis on chart/trend patterns as well as fundamental analysis considering the current global economic situation.
Short term drop to ~15-16k
Relief rally to 200 daily MA and 0.382 fibo level
Final drop to 12k or 8-9k
Potential bottoms:
12k or 8k
Let me know your comments, good trading!
This is my idea of what I believe will happen with BTC in the short/medium term. I base my analysis on chart/trend patterns as well as fundamental analysis considering the current global economic situation.
Short term drop to ~15-16k
Relief rally to 200 daily MA and 0.382 fibo level
Final drop to 12k or 8-9k
Potential bottoms:
12k or 8k
Let me know your comments, good trading!
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