BTC – dead cat bounce – 2/3 weeks of stability

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hi Guys!

In our opinion, the current micro uptrend is nothing but a dead cat bounce.

This is just a reaction after a big drop-down.

The volume right now is significantly lower.

The price should go higher than $12400.

Actually, we predict we should have stability for another 2/3 weeks on BTC .

Its price should be in the range $10300 - $12400.

When we look at the Weis waves we can see clearly much smaller demand wave.

We also expect smaller red, supply wave.

Hopefully, we will see many altcoins growing within the forthcoming weeks.

Take care!

Have a wonderful weekend!

Thank you for reading and your time.

WBM Team
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Related Ideas

We should wait next days for 1d,2d, candle close between 10k-11k again. 10k should not be broken with daily close for resuming this uptrend, Well done.
Here is my view:
!!My view at BTC!!

10k level is a do or die for btc, here is why:
@Jocoin, we wouldnt be so radical. Take a look at the log scale.
Jocoin WBM_Team
@WBM_Team, Have a look here:
I feel it can go higher sooner, because 61,80% Fibo has been already scratched.

WBM_Team Andrew-Cat-Es
@Andrew-Cat-Es, thanks for sharing.
We'll see, it's kind of hard to predict price movement at times like these. I agree with 10300 on the lower side, in fact that was my order price for buy back.
Thanks for you analysis.
WBM_Team unfathomableman
@unfathomableman, thank you for sharing :)
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