Bitcoin dropped exactly 6500 (It over shot 6500 to bounce off one of my moving averages) as i predicted it was a possibility a week ago. it should rebound now short term. bitcoin can go as high as 9200. These prices will be crucial. if bitcoin can not break 9.2k, it will drop back to 6500 for final retest. And if 6.5k doesnt hold. Expect 3k. I know its crazy but thats cryptos for u. I do not plan to trade bitcoin anymore. i have about 140 ethereum holdings left. The chance that we have bottom or if 3k is possible is about 50-50.
Note
bitcoin couldnt even break 8.1k, bearish strength still very strong, we might not get to 9.2k and retest 6.5k sooner. and if that fails, expect 3000.Note
ok i think 9.2k btc retest is still possibleNote
we tested 9.1k and it seemed to fail
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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.