BTCUSD Possible bullish Trend to 11200:
1) First, BTCUSD needs to aggressively break 7220 and test 8400-8500 Zone.
2) It will most likely get reject back down to 7222-7500, where it could find strong support.
3) With enough volume and momentum, BTCUSD could PUMP back up to 11200, which would lead alts to have some rooms to breath (massive gains for alts, from 100-300%).
4) All this is just probability based on the higher lows and consecutive 1,2,3 bottom formation that BTCUSD keeps forming, which is a good sign for reversal on bear market.
1) First, BTCUSD needs to aggressively break 7220 and test 8400-8500 Zone.
2) It will most likely get reject back down to 7222-7500, where it could find strong support.
3) With enough volume and momentum, BTCUSD could PUMP back up to 11200, which would lead alts to have some rooms to breath (massive gains for alts, from 100-300%).
4) All this is just probability based on the higher lows and consecutive 1,2,3 bottom formation that BTCUSD keeps forming, which is a good sign for reversal on bear market.