It is VERY difficult to deduce anything this early, however, I'm currently considering a path to 9k like this: 8500 -> 7900 -> 8970 -> 8380 -> 9110/9380.
(More of a guess at this point, too little data.)
Currently targeting BTC to ~8740 (8580-9000), within about 8-12 hours.
Looking for drop to ~7950 first.
I called 20 hours ago, Bitcoin price to hit $8670.
Adjusted target to $8610 16 hours ago.
Got it correct.
We hit right in the middle at $8648.
My predictions since I started posting here have been very accurate for the most part.
The most important call, likely being this one:
I called the MAX bottom range of $5750-6350 USD a day in advance, during heavy downward movement. BTC's price...
More so than any technical analyst can, the February 6th SEC, CFTC meeting will likely determine the short and medium term cryptocurrency price direction from here.
As I mentioned before, please take these many technical analysis being thrown about with "a grain of salt".
No one at this point can accurately predict where such a volatile market as Bitcoin and...
5750 $USD per BTC is my current MAX Bottom target.
The price could rebound before this however, because RSI is Oversold.
I do actually believe that global events/news + a concentrated effort by wealthy individuals/groups to push the price of BTC down, is the bigger cause of this price decline, something that cannot be accurately predicted by technical...