BTC USD Retrace Down Then Boom UP! ETH Dragged Along

Updated

Following the BAT nicely, BTC should hit the 5451 Trend line support, possibly even the 5373 as well. Either way, we will see a big pop before the Oct 25 BTC Gold fomo. You know what happens after that though? BTC drop and Altcoin season :), so make sure you buy those Alts at the right time. Not a bad time for a quick ETH short as well.

Note

BTC did what it does best, it went up against expectations

Trade closed: target reached

A day late and a dollar short, ETH hit the support trend line. If it breaks down here we probably see 240-260. We'll call this 1 out of 2 although if/when BTC drops, timed to Bitcoin Gold, it will be spectacular.

bingong

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