Hello everyone, JT here for your crypto analysis.*(I am not a financial advisor do not buy/sell based on my analysis). Today we are seeing BTC test ATH and if you have been following my "BTC Bounce Back" series, you would notice we are right on track with my projections. BTC has cleared all FIB levels and I believe (based on what the chart is saying) we are about to have a major leg up like we did last month once BTC surged past all of the FIBS. Today all I did was copy and paste the last leg up over what we are seeing today and it's almost exactly the same. Now I don't have a crystal ball so I always outline one or more paths we could potentially see. Most likely would be the black bar play, but another possibility is we could fall back to support on my first deviation channel coming back to around 52k-53k. Either way the chart is still very bullish and give it a week or two and your position IMO will be substantially higher than it is today. Again think months not days, hours and minutes. This is not the time to be eroding your account by trying to predict the direction on the hourly. Now I don't have any BTC but it is important to chart since it leads the market I personally believe the best ROI will be on ALT's that have yet to lift off like the ones below. If y'all would like an analysis of any of them please let me know down below in the comments. Best of luck I will post again once BTC has made it's decision. Let the HODL be strong in you.
-Please like if this was helpful! -Comment your ideas down below! -Alts to watch (ones that have huge potential and have not popped yet) #Dash #XRP #BCH #EOS #ZEC -View the rest of the series for my info
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.