Channel 1 - uptrend.
Channel 2 - local downtrend.
BTC had awsome formation of Adam and Eve pattern. Perfect movement.
BTC has strong bullish movement espessially after it freed from local downtrend channel 1 hour ago.
So what is next? Probably 18k in next 30 days. Be ready that btc won't get 20k at once because good rollback should be before BTC will get new ATH or at least previous ATH.
P.S. I am almost 100% sure that top 20 alts got their USD bottom on 16-17 July. Alt season is so close!
Be fine
Unfortunately my previous idea (from 9.5k when I wrote about formation of Adam and Eve pattern) was not published by mistake. At least it was pretty accurate.
Channel 2 - local downtrend.
BTC had awsome formation of Adam and Eve pattern. Perfect movement.
BTC has strong bullish movement espessially after it freed from local downtrend channel 1 hour ago.
So what is next? Probably 18k in next 30 days. Be ready that btc won't get 20k at once because good rollback should be before BTC will get new ATH or at least previous ATH.
P.S. I am almost 100% sure that top 20 alts got their USD bottom on 16-17 July. Alt season is so close!
Be fine
Unfortunately my previous idea (from 9.5k when I wrote about formation of Adam and Eve pattern) was not published by mistake. At least it was pretty accurate.
Comment:
BTC went back to downtrend channel. But it doesn't mean that market is bearish. It looks like small consolidation before big move to 18k. It will take less than 72 hours before BTC will punch 12k level again.
Comment:
3 hours and btc is under 12k - mega bullish trend!