Now following my last controversial post that am still backing up to see Btc fall below current price down to 200$ in next several months or so we look a little closer into our last sightings of 10000$ highs like we said good bye to the 19-15k highs in the past .
As expected new news came out for Btc from bakkt being given license to trade Btc but process still in the works,,I expect price to just drop smoothly below 10k for the next 2 weeks and we first whether out all the current bulls who will certainly not see it coming .
10200$ the ranging figure price has bounced off and also its significancy being the same value for our entry giving us a small edge inside profit on our trade at the moment with price hovering around 10000$, we should see a break below 9000 in the next day or 2 and this might push more momentum in sellers to take it lower to our sweet spot of about 8000$ where we will have a bounce as seen in the defending channel in price current structure.
Crypto enthusiasts will keep pumping positive news for Btc to try to save its face but believe me ,,with the continuous rise of pump data and good Btc news, historically Btc never goes up more than 20% before collapsing a near 80% right after.
As always trade what you see not what your meant to see, and lets take crypto down the pipe!