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EncryptedKvng
Jul 7, 2020 11:14 AM

BTCUSDT Price Prediction Short

Bitcoin / TetherUSBinance

Description

Bitcoin price correction from March Yearly low to June High, We are seeing a Zigzag 5-3-5 correction pattern, With critical Support for the $8922, The bears will have chance for the next 5waves down if they can push the price action lower than this. Parrallel channeling suggest we can see stops at $8318 & $7896. This would mean a 0.5 retracement level from $3800, and that market correction occured can now push the price past $10500 into 14K region , but i suggest correction to last as much as July though to August, and For a price action to go past $10500, we have to get enough. buying action, as we have seen during covid-19 lows. if you like my Analysis, Please leave a like and comment for suggestions.
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