BTC SCENARIO FOR 202 BULLRUN. THIS IS SCENARIO 2, I FORGOT TO POST SCENARIO 1. YOU CAN FIND SCENARIO 1 ON MY TWITTER @MOHAMMEDH_ ON MY TWITTER I ALSO EXPLAIN HOW/WHY I CAME UP WITH THESE 2 SCENARIOS BASED ON BTC PAST HISTORY MOVEMENTS
I feel like BTC will drop to 4600-4800 level of liquidity. Trendline is also there as a healthy correction is required atm for BTC to continue higher. Once 4600-4800 is met BTC will go long to 6000-6200 levels. We might even peak at 6800 but BTC weekly candle will not close above 6200. If this happens we will see the final drop of BTC below 3K to find support.
If we see a potential Coinbase listing expect ZRX to be pumped/manipulated to around $1-$1.10
Natural process would be a break of the second counter trendline would make me bullish toward ZRX reaching $1. However, we currently have 3 daily rejections of this counter trendline which suggest to me drop is coming.
Obviously BTC is king and is currently dictating...