My opinion about BTC short-term movement.
1. Scenario
Btc bounces off the trendline and continues it uptrend and eventually breaks out of the trend channel caused by FOMO. Then all hell breaks loose
2. Scenario
Btc keeps bouncing in the trend channel due to strong resistance.
TA
Stoch- super low levels
RSI- super low levels
Ichimoku Clouds- Keeps bouncing from them
1. Scenario
Btc bounces off the trendline and continues it uptrend and eventually breaks out of the trend channel caused by FOMO. Then all hell breaks loose
2. Scenario
Btc keeps bouncing in the trend channel due to strong resistance.
TA
Stoch- super low levels
RSI- super low levels
Ichimoku Clouds- Keeps bouncing from them
Kommentar:
As this prediction didn’t go as planned we are probably looking to return to the old channel which has strong support around 13k but again bitcoin is very unpredictable right now due to new people FUD and weak hands.
Kommentar:
How i see it now