the entire market is green today, although nothing major in outlook has changed. price could retest the top of the overall channel drawn from the ATH and wave 2, which wave 4 has not done yet, that would only be at around 23000, but i expect the price to get rejected and being the move down again. macd is at the top of its wedge, and stoch is maxed out, incidicating volume will soon fall off and price will likely decline. i expect bitcoin to hit 8k by the end of october.
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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.