On Aug 8th I suggested that based on my research of historical data, Btc would bottom as low as 107K. Btc bottomed at 107...and I then suggested a "bounce incoming".
On Sept 2nd I suggested that Btc had hit a bottom and was about to bounce into 1 of my three targets within 2 weeks. We are at the end of that 2 week period and T1 and T2 have been hit.
Question remains where do we go from here?
The 3 week down rule suggests that we form a lower low (below 107K). Will today's Fed meeting be the excuse for that pattern to play out?
What are your thoughts? I'd like to hear from you to gauge sentiment.
On Sept 2nd I suggested that Btc had hit a bottom and was about to bounce into 1 of my three targets within 2 weeks. We are at the end of that 2 week period and T1 and T2 have been hit.
Question remains where do we go from here?
The 3 week down rule suggests that we form a lower low (below 107K). Will today's Fed meeting be the excuse for that pattern to play out?
What are your thoughts? I'd like to hear from you to gauge sentiment.
May the trends be with you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
May the trends be with you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.