Bullish scenario Breakout and Rising prices up to 13,000 and fluctuations in the box to prepare for breakout to 13,500 bearish scenario If the volume decreases and the support from the buyers is weak, the price may be reversed and fall to the level of 80,000.
You should check my page out I called btc 12k and many other crazy alt pumps
Olutobi-Ogunsemore
⋅
Nice man I think we’ll range for a bit and have alts pump crazy
Phi-Deltalytics
⋅
I think the current market sentiment is overextended. The drop in CME institutional trader net position last week also indicates 11k is overpriced for the short term. Even though the actions in the past week broke us out of the technical downtrend, we can’t shoot up in a straight line.
What do you think of the analysis below?
TaherJalili
⋅
@Phi-Deltalytics I agree, the length of stay in the hi level price area will be short.