BTC Bulls Next Target is $17600-$18200 After This Happens
Bitcoin Bulls are ready for some good green Holidays in December, The current pullback after hitting $16800 could go further down to a more stronger support range at $15800 - $15450 range. This range will provide buyers with sufficient buy capital to attempt the $16800 resistance of which I so see them clearing through it to hit $17300, but here I see market makers targeting Sellers(Shorters) stop-hunt around the $17600 all the way up to $18300.
I'm staying open minded on the support and a possible worst case scenario triple bottom could arise because for now the current Dojis on weekly support shows anything can still happen, What are the chances that the bulls will make it to above $18k in Dec?
I say we have over 75% chances of bulls making it to $18k and over 65% above $20k
The current pullback must not go below last low of $15433 range to be more open minded,
I do see that from December 2022to January 2023 will give buyers the opportunity with the current accumulation on going to achieve a little more recovery to the upside before a major more dump coming from Mid 2023 to 2024.
I'm staying open minded on the support and a possible worst case scenario triple bottom could arise because for now the current Dojis on weekly support shows anything can still happen, What are the chances that the bulls will make it to above $18k in Dec?
I say we have over 75% chances of bulls making it to $18k and over 65% above $20k
The current pullback must not go below last low of $15433 range to be more open minded,
I do see that from December 2022to January 2023 will give buyers the opportunity with the current accumulation on going to achieve a little more recovery to the upside before a major more dump coming from Mid 2023 to 2024.
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