Lobotto

Expect some volatility early next week

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is apparently now testing the 60k line for the last time and could already start a possible attack on the former ATH again from today or tomorrow. You can see higher lows on the 1hr chart, which are also a good sign of bulls pushing back all the bear attacks. Expect some volatility early next week. (maybe short squeeze)

Bears are trying with all cost to defeat the Bulls since they're eyeing for the Options gains, 29th October (options expire). Since the traditional finance markets, do recover, and the inflation is kept as it is (USA), I don't see any reason to see bitcoin dropping below the 60k short or mid term

TP1: 66k$
TP2: 70-72$ (november)

This is not a recommendation to buy or sell bitcoin. Please always do your own research.
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