neofx11

BTC TO BOTTOM @ $26K AREA (BIG POP AFTER THAT)

BITSTAMP:BTCUSD   Bitcoin
I predicted this in early january. DO NOT PANIC!! It was simply time for a nice washout and we are almost done with it. Remember BTC went up 11x (1100% ROI) since Covid in March. So yes, it was time for a nice pullback. This was not only due but EXTREMELY NECESSARY if we're to then go on and make new higher highs.

If this level is respected I expect a very SWIFT BOUNCE THERE & $50,000 COULD BE HERE WELL WITHIN A MONTH OF THAT $26K BOUNCE!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.