BTC had been steadily increasing its price, making consistent almost exactly 2000$ price average gains since July 21st.
I think we're likely to see a correction to about 44k and possibly 42.5, but much less likely. The MACD is showing bearish movement, but it's possible people might FOMO in with the publicity BTC is getting.
I expect very bullish movement if it consolidates around 44, but we may very well see it at any price consolidation before then.
I think we're likely to see a correction to about 44k and possibly 42.5, but much less likely. The MACD is showing bearish movement, but it's possible people might FOMO in with the publicity BTC is getting.
I expect very bullish movement if it consolidates around 44, but we may very well see it at any price consolidation before then.
Note
Volumes of BTC have nearly tripled on BTC from July's average. I think this is a significant variable that will affect the price pretty drastically.
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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.