BTC to drop more than 10%, $38000 next

We are seeing BTC and other cryptos like ETH moving with high momentum in the past 24hrs. The high momentum arena causes sudden moves due to supply-demand displacement. Due to that, I'm detecting a BTC reversal. The current up move cannot be sustained. We are already seeing the breaks. We can expect a high momentum spike but soon after a reversal back down to test the support at the bottom.

Caution against those who are predicting a long move. This could be a bull trap.

This is my first BTC idea. Take a look at my highly accurate ETH predictions based on the momentum-based system that I'm developing, please like and follow me to show me your support so that I'm motivated to continue posting. I just might share more of what I'm working with the community here with your support 😉


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Disclaimer: Please trade carefully and don't take this as trading advice. Use your best judgment and a sound trading system with stop losses etc to minimize your risks. The information and publications are not meant to be and do not constitute, financial, investment, trading, or other types of advice. This is strictly for educational purposes only.