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MiguelVees
Jan 26, 2021 8:43 AM

BTCUSD DROP TO 22K THEN UP TO 100K  

Bitcoin / DollarBitfinex

Description

BTCUSD is currently in a bearish active sequence.
The bearish sequence in turkoise has his (C) level in the B-C correction of the red finished sequence with the current new ATH.
We have to confirmations that BTC will drop to this level. Very important is that BTC does this move to stabilise future ATH'S.
If we take the red sequence correction level and analyse the future sequence we have technical support to see a 100K BTCUSD.
Comments
Aadilt91
it will rise till 35k and then take the drop ?
MiguelVees
@Aadilt91, First we need to hit the 22K LVL. Then we have a lot of space. I am talking about a healthy correction.
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