BTCUSD March Prediction
Updated
Yes. I am going against my previous post, in mid-term. It seems to me whales are trying hard to push the price higher. They were not only pumping it but also keeping the price from going lower. It is likely that they have a bigger plan, to sell higher than I expected.
In this new prediction, the inverse H&S will be formed today or tomorrow. Then we will see a ABC correction. And many bears will FOMO in after the price breaks 12000. We will have a great bullrun in the following weeks. However, in the long-term, I stand by my original prediction that we are still in a long bearish market. The price will drop to a lower low in late March or early April.
Good luck.
In this new prediction, the inverse H&S will be formed today or tomorrow. Then we will see a ABC correction. And many bears will FOMO in after the price breaks 12000. We will have a great bullrun in the following weeks. However, in the long-term, I stand by my original prediction that we are still in a long bearish market. The price will drop to a lower low in late March or early April.
Good luck.
Note
Short-term trading alert. BTC is almost ready to break out from bull flag (4-hr).Note
BTC had a failed breakout. It may retrace to support 11000 before giving it next try.
We don't trade patterns. We draw them.
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