Currently BTC is at the point of indecision.
Most people panic for small fluctuations in BTC .
Guys am gonna keep it very simple:
Scenario 1: We break to the upside right from here and start trading above 50D MA.Am expecting this could happen as are pointing to the side.
(Must break above 9430 for that)
Scenario 2: We get rejected from here and test lower 8600 to 8800 zone break below 8600 we will test $8100 in my opinion this is the last drop before the momentum shifts completely to the side. Fundamentals are strong and only 65 days to go for the halving.
Am looking anywhere between $11300 to $12000 per BTC before the halving. This sideways price action will decrease the price target over the time if it keeps going sideways.
For now what am I doing?
I am just holding my positions and trading Alts by watching BITCOIN DOMINANCE CHART(This chart will also be updated soon).
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