It looks like the week is closing red, which means that BTC will crash down even further. My long-term prediction is that BTC will go to $9,500 by the end of next year. It could even be this year, who knows? Moreover, the reason I subscribe to that notion is simple. At the start of the 2020 bull run, it went from $6,400->$10,700->$58,700->$35,000->$66,000. It...
BTC has stayed below the previous support for two weeks. It’s only a matter of time before a drop further to the downside. I’m not a financial advisor, but you must keep in mind 3 factors that confirm more bleeding for BTC.
1. Downward Trend ( Heiken Ashi multiple weekly red candle closes)
2. No support (broken support).
3. BTC has always corrected 80% from...
All the moon boys are telling you that BTC has found a bottom and that "we are going to the moon!" Well, that's Bullsh*t. Most of their analysis is based on hourly time frames (which is tunnel vision T.A.). If you want a more accurate view of where BTC is headed (Short and Long Term), you must zoom out and look at the Daily, Weekly, and even Monthly time frames....
