The Ichimoku Cloud and the Moving Average 100
are working as a really strong support, bouncing
BTC heavily from there two times in the past.
I expect BTC to drop to the 5.2K-5K area to start
from there a new run on the way to the 8K before
the end of the year. This correction is fully nece-
ssary to build some support at that level. A para-
bollic growth is not healthy and always involve
harder corrections. Alts always respond better to
Steady and soft moves of BTC not matter if are up
or down. Mandatory refuelling for the long run.

Crypto Rand
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.