Historical projection for #Bitcoin here, it is acting in a way that makes me think we saw a long term bottom already, weekly trends have worked well, could go sideways here, for a while, but daily trend is bullish currently. I remain long and patient, but not using leverage at all...The daily trend suggests we could see 31k soon but price needs to hold over yesterday's low pretty much for that to remain valid. Weekly target was reached today, and price retreated since, so I have a slight suspicion that it might remain sideways for weeks to form a new trend signal from this zone, provided the trend stays up.
The bear case is if price doesn't remain contained sideways and instead drops gradually towards 22500 within many weeks, that would be the worst case scenario here. Let's see how it shapes up, best of luck!
This might give ALTBTC pairs a chance to shine, provided trend remains up and #Bitcoin stays sideways, my automated alerts for crypto pairs will prove to be tremendously useful here.
Best of luck!
Cheers,
Ivan Labrie.
The bear case is if price doesn't remain contained sideways and instead drops gradually towards 22500 within many weeks, that would be the worst case scenario here. Let's see how it shapes up, best of luck!
This might give ALTBTC pairs a chance to shine, provided trend remains up and #Bitcoin stays sideways, my automated alerts for crypto pairs will prove to be tremendously useful here.
Best of luck!
Cheers,
Ivan Labrie.
Comment:
On track...
