Considering the current
BTCUSDT movement dynamics, this distribution model seems the most likely. In the next few days, BTCUSD will likely break through the psychological 100k mark. Once in the 100-108k range, we can expect a sharp, deep correction.Once that correction completes, the asset will continue its upward movement, reaching levels between 110-140k per coin.
The global
BTCUSDT.P chart now looks like this.
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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.