BTCUSD - Pump then Dump
Updated
-Hidden bullish divergence indicates potential increase in price.
-I could see price running up to around 53K to 55K, followed by a protracted pullback.
-I still think 20K Bitcoin is more likely than 100K Bitcoin, at this point.
-I'm still bearish on crypto overall.
-I could see price running up to around 53K to 55K, followed by a protracted pullback.
-I still think 20K Bitcoin is more likely than 100K Bitcoin, at this point.
-I'm still bearish on crypto overall.
Note
Of course, it's also possible that price just dumps from here (1M chart).
Note
I think 6 figure Bitcoin is highly unlikely anytime in the next 12 to 18 months. After that? Moon!Note
And it'll be interesting to see which trend line price breaks first.
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