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Bitcoinleverage_1
Aug 6, 2021 11:50 AM

Btc prediction.. small push (redistribution phase), 45-51k max.. 

Bitcoin / TetherUSBinance

Description

Hello everyone,

So my thoughts on BTC is that we are in the redistribution phase, which means a second peak (but not as high) as the previous 65k peak.

Look how the red lines perfectly line up.. i think BTC might try to test this with some kind of fakeout. Imo we could see 44-45k soon, 40k retest (black line) and after this maybe a final push before going down. We can see a similar pattern back in 2017.
Comments
Five_Star_General
Yea thought so too. Momentum too weak from the US market, most capital still locked in equities.
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