Another possible scenario I charted out goes a little something like this:
Following decreasing volume as well as lower highs on the RSI and what appears to be a maxed out MACD we can safely assume there is going to be some slight corrections here until we can definitively establish 40k.
If by March we close below 40k, we might ride it down to 30k.
If we manage to keep closing out above 40k, then pack you bags because 100k is modest. 200k looks like it's within reach (or 199k at least).
Obviously we want scenario A to play out but scenario B is always possible. Set your stops and don't get chopped out.
Forecast is choppy waters for the rest of Feb! BUY THE DIP!!
BTCUSD
Following decreasing volume as well as lower highs on the RSI and what appears to be a maxed out MACD we can safely assume there is going to be some slight corrections here until we can definitively establish 40k.
If by March we close below 40k, we might ride it down to 30k.
If we manage to keep closing out above 40k, then pack you bags because 100k is modest. 200k looks like it's within reach (or 199k at least).
Obviously we want scenario A to play out but scenario B is always possible. Set your stops and don't get chopped out.
Forecast is choppy waters for the rest of Feb! BUY THE DIP!!
BTCUSD
