Bitcoin at CRITICAL Moment

Will add evaluation soon

Jan 15 is BIG deadline for Tether to respond to fraud accusation by US Government.
Can cause massive price slide if the news is bad.

Note: This chart outlines TWO opposing possibilities.

Comment:

We are in this channel for now

It is looking weak in spite of the flow upward.
If no whales show up until Sunday night (that's when they do)
then its possible we can see BTC make 38500 or higher

Alert on ADA and XLM
ADA is set to explode and XLM significantly
But these are hinged on BTC

ETH is also spring loaded and waiting...

Comment:

I saw TA from someone very talented on an outside crypto news site...

who stated that if we do NOT produce a candle above 38k by the end of today (Saturday0
then we are then headed downward.

Regardless, some alts are already running upward.

This snapshot still confirms my alternative play of a zigzag falling pattern.
This can change if we cross 38,000 BTC and hold it.

The TA specialist states if we fall, we are eventually headed for 30k
Whether institutional investors allow that, is another story.
They tend to boost price when we have gotten into deeper lows.
But eventually I am sure they will tire of this.

Remember that Sunday night is usually when the Korean whales dump BTC.
Enjoy your weekend, trade safe.