BTC ---> 2 Scenarios

By Sanzhar_m
I'm going to relate this post to my previous one. This idea gives actual technical price levels to watch out for. To sum up, the blue channel's current breakout implies a slow retest. It aligns with the inflation rate reading announcement on the 13th of September. Therefore:

  • I'm bullish until the date of the reading
  • I expect high altcoin volatility (price increases are more likely) due to the temporary stagnation of major cryptos
  • Red scenario seems more likely at the moment


Do comment your opinion!
bearmarketBTCbullruncryptoDXYFundamental AnalysisGoldTechnical IndicatorssignalstotalmarketcapTrend Analysisxrp
Sanzhar_m

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