BTC to 98k>NOVEMBER, but first hold above 63k
I am a strong believer in the S2F model.
It has correctly predicted previous BTC peaks and end of month figures.
For the short term though, BTC is looking very unpredictable.
Many bears are quick to spread FUD about a potential double peak.
Things are really not that bad for BTC.
Nothing compared to september.
As long as BTC does not have a huge long liquidation and flash crash there is absolutely nothing to be bearish on.
Fundamentals and on-chain data completely side with BTC being bullish.
Adding to this further BTC has powered above the 63k resistance.
Right now BTC is looking for strength and it will not take much for large push up.
Even if BTC does fall below 63k it may only be a wick and if not it is not the end of the world.
Even if BTC was to fall to 57k it would probably do it more good than harm so frick off bears.
It has correctly predicted previous BTC peaks and end of month figures.
For the short term though, BTC is looking very unpredictable.
Many bears are quick to spread FUD about a potential double peak.
Things are really not that bad for BTC.
Nothing compared to september.
As long as BTC does not have a huge long liquidation and flash crash there is absolutely nothing to be bearish on.
Fundamentals and on-chain data completely side with BTC being bullish.
Adding to this further BTC has powered above the 63k resistance.
Right now BTC is looking for strength and it will not take much for large push up.
Even if BTC does fall below 63k it may only be a wick and if not it is not the end of the world.
Even if BTC was to fall to 57k it would probably do it more good than harm so frick off bears.
Trade closed: target reached