As i just noticed after reading a few other traders analysis, that there could be a bigger picture behind these BTC moves.
Maybe a bigger Head & Shoulders formation is forming at 1 D chart, of course on a bigger time frame. But this could also play out really soon. Maybe in a week or so.
Now at the moment at 7340 areas.
After this recent good and healthy retrace from the 7588 areas to the 7250 areas, we could start climbing higher again. But still could go a bit lower to the 7100 areas. Good targets to rebuy I guess...
Then we could hit the 8800 areas.
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
Maybe a bigger Head & Shoulders formation is forming at 1 D chart, of course on a bigger time frame. But this could also play out really soon. Maybe in a week or so.
Now at the moment at 7340 areas.
After this recent good and healthy retrace from the 7588 areas to the 7250 areas, we could start climbing higher again. But still could go a bit lower to the 7100 areas. Good targets to rebuy I guess...
Then we could hit the 8800 areas.
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.