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Bitcoin forecast. Good probability.
Bitcoin / TetherUS PERPETUAL CONTRACT
Bitcoin forecast. Good probability.
By AlxHartz
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May 16, 2021
2
May 16, 2021
We can expect a rebound right below current price in the 44k area. Structural support (violet line), logarithmic curve (white line).
Rebound to 52500. Then short it to the ground.
There is a chance we slice through the support directly and fall to 36000 without a bounce. However I'm in favor of the rebound scenario.
Expect everything.
Be glad to be 3 moves ahead everybody else. The market is about to crush all the dumb money.
The next drop is going to be memorable.
Chart Patterns
AlxHartz
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