Hello fellow traders,
This is my short term price prediction for BTC against USDT. a W pattern seems out of play so I think we will drop down to the bottom of the falling wedge. From there we can see a bounce up to 32300 USD and set a lower high, entering the greater retracement towards the 23000/0.5 FIB line. This is a 45% percent correction from the ATH wich is common and healty for BTC.
If it breaks below 22000 I am going all-in at 19000!
This is my short term price prediction for BTC against USDT. a W pattern seems out of play so I think we will drop down to the bottom of the falling wedge. From there we can see a bounce up to 32300 USD and set a lower high, entering the greater retracement towards the 23000/0.5 FIB line. This is a 45% percent correction from the ATH wich is common and healty for BTC.
If it breaks below 22000 I am going all-in at 19000!