Inversed Bitcoin chart to showcase this thesis. Not much to this idea but I would recommend saving this chart for the trendlines and levels that I have highlighted. Happy trading and happy charting my friends. We are almost there.
Here are my price predictions:
End of September - $58,000~61,000
End of October - $66,000~69,000
End of Year - $80,000~100,000
Here are my price predictions:
End of September - $58,000~61,000
End of October - $66,000~69,000
End of Year - $80,000~100,000
Note
There are two scenarios I could see playing out from here...1. We break back down and retest the $56,000 range for support
2. We continue upwards towards $60,000 in preparation for a rate cut next week from the Feds
I might be possible that number 2 comes and is followed by number 1.
Note
Next week is extremely important for our future and the next year of price action.Note
Just like we drew it up.Note
The Election is the final driving factor.Note
This pattern must hold for the uptrend to continue.Note
68k is still that golden target to look forTrade closed: stop reached
pattern invalidated
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.