I'm seeing BTC finish its move up to 53k before correcting back to the 50ema.
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This correction definitely came quick. I'll be looking for some consolidation here before continuing up
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consolidation looking good. Finally broke previous days high after a liquidity grab yesterday. Lets see if it breaks 20ema and surges back up
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Breaking above 20ema and consolidation range today
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while my sentiment hasnt chaned, this idea is now invalid
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The initial drop was correct, but I believe US Market Uncertainty pushed BTC to fall towards its 200d ema. If BTC climbs above 53k, I think we could see new ATH.
But that also depends on US Debt Ceiling at the moment.
My Prediction: US waits until last minute to raise debt ceiling. Equities and crypto will see another pull back before Oct. 18. Then big push up on both as Debt Ceiling gets raised.
But that also depends on US Debt Ceiling at the moment.
My Prediction: US waits until last minute to raise debt ceiling. Equities and crypto will see another pull back before Oct. 18. Then big push up on both as Debt Ceiling gets raised.
