Euphoria is losing steam.
Beware of the strength and volume divergences.
BTC is set to go down before it jumps again
Sweet spot to jump in is ~9000.
It will reach 10,000 mid November.
Sit tight, get ready for a bouncy ride, and so-long!
Looking at todays BTC drop from the distance, is clear that the price is at the middle of where it should be.
Expected short term scenario: BTC will remain as is, close to 7200 as it 's the current resistance.
Worst Case scenario: Brace for a speedy ride. It can bottom 4000
Best Case (I'm leaning for it): We have reached the 7200 resistance and we will see a...