BitcoinShort
BTC Move Down?
A break of $30,000 may indicate we are on trajectory back to retest the previous ATH.
Movement above $42,000 would give an opportunity to potentially see the $50-$60,000 range before a major retracement.
All eyes on Bitcoin.
Expect altcoins to also suffer if/when BTC breaks down, but then expect a major rally in altcoins once that bottom is reached and BTC restarts its rise.
Buying opportunity once we see a ~50% price correction in BTC.
Jan 17-21st seem to be the dates that my timing analyses keep coming back to over a variety of charts.
Personally, I think Jan 19th will be a telling day as XRP hits a low for trading availability on the trading platforms.
I’m looking forward to seeing what plays out in that 5-day span.
Movement above $42,000 would give an opportunity to potentially see the $50-$60,000 range before a major retracement.
All eyes on Bitcoin.
Expect altcoins to also suffer if/when BTC breaks down, but then expect a major rally in altcoins once that bottom is reached and BTC restarts its rise.
Buying opportunity once we see a ~50% price correction in BTC.
Jan 17-21st seem to be the dates that my timing analyses keep coming back to over a variety of charts.
Personally, I think Jan 19th will be a telling day as XRP hits a low for trading availability on the trading platforms.
I’m looking forward to seeing what plays out in that 5-day span.
Related publications
Disclaimer
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.