Let's Predict the next BTC price ACTION.
This is what will happen next to BTC imo .
1. If we break the downtrendline and close above likely above 10.5k we will see a runup to
12K-
14K levels and have a correction down to downtrend line and wick down probably to 9k-8k.
Difference of now and last 2015 was it easily breach the downtrend line.
right now it's having a hard time, and work to do it. Well, Let's see what will happen in the next few days/weeks.
2. If we can't break 10.5k anytime soon, this would likely be a distribution that would lead to slow bleed and dump to 6k levels til' end of Q3.
THE REAL RUN-UP would be Q4 . :)
Happy Trading !
1. If we break the downtrendline and close above likely above 10.5k we will see a runup to
12K-14K levels and have a correction down to downtrend line and wick down probably to 9k-8k.Difference of now and last 2015 was it easily breach the downtrend line.
right now it's having a hard time, and work to do it. Well, Let's see what will happen in the next few days/weeks.
2. If we can't break 10.5k anytime soon, this would likely be a distribution that would lead to slow bleed and dump to 6k levels til' end of Q3.
THE REAL RUN-UP would be Q4 . :)
Happy Trading !
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