ReallyMe

Gold/Bitoin: One more move down...

TVC:XAUBTC   GOLD / BITCOIN (CALCULATED BY TRADINGVIEW)
One more move down... and one more very last move down... and one more...
But then, at some point, there's just BOOM!!... and the upward slingshot movement starts!
Or am I looking at this the wrong way?
(Note: we are looking at the Weekly chart)

Comments

I guess there will be a bloodbath for altcoins due to BTC's possible pullback. But it may last only for a short term.
+1 Reply
ReallyMe vishweshwaran26
@vishweshwaran26, Yes, indeed. I share your assessment. Thanks for your comment.
+1 Reply
@ReallyMe, Okay. Thank you.
Reply
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