What's up everyone. Let's get right into it. BTC has been going sideways for days and this usually indicates a BIG breakout in either direction. Here are the 2 possibilities I am seeing:
$9200 - Week End Low Volume - UP Movement
BTC goes up to retest the $9000 level once again and at the same time square up the big red candle right below it.
$7600 - Bear Market Takes Place
BTC breaks the $8200 level (white line) and continue its way down, at that point the targets are $7750 and $7250
I personally think the bear option is going to happen.
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