BTC: LAST SMALL PUMP, BEFORE THE BIG DUMP!!
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Welcome to this quick BTC update. BTC has been in a very quiet mode for this whole week. It is still moving in the same range. The good thing is that it is still holding the support of $25.6k level.
As you see in the chart, it is forming a small falling wedge-like structure in a 4-hour time frame. Once it breaks out from it, we expect a small pump up to the
27K
level.
After this small pump, the real September bearish rally begins. So if you are trading actively than try to book your profits quickly and do not trade without SL.
Overall, I'm expecting a small bounce this week before the big dump. Let's see.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this quick BTC update. BTC has been in a very quiet mode for this whole week. It is still moving in the same range. The good thing is that it is still holding the support of $25.6k level.
As you see in the chart, it is forming a small falling wedge-like structure in a 4-hour time frame. Once it breaks out from it, we expect a small pump up to the
27K
level. After this small pump, the real September bearish rally begins. So if you are trading actively than try to book your profits quickly and do not trade without SL.
Overall, I'm expecting a small bounce this week before the big dump. Let's see.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
BTC is following my arrow perfectly so far. As I said in my previous update that it is forming a falling wedge like structure. This falling wedge breaks out and currently it is retesting the wedge. If it hold this retest level then expecting some bounce from here up to $26.5k-