Correction wave C is being formed.
Get your fiat ready. We could see $2500 level tested. I think we will find short term support at $3500 channel on the way down and again at around $3000. Ideally looking for $2500-$2800 to continue next cycle upwards. GL
Just an idea I feel there could be a big short coming at $4200, we have resistance on the way down at around $3400 level. But would imagine we continue down to $2850-$2550. This will provide some great buying opportunities. GL
Need to hold above the purple channel to continue trend higher. Should see significant buying pressure around and below this channel with extra support from longer term moving averages running parallel. May see 2850 level come into play in coming days if we break this support channel.
PREDICTING THE MARKET JITTERS Lets see how closely it sticks to the black line ...
Accumulation period coming to an end now. Formed a nice cup and handle pattern with diminishing volume on the handle. Looking for price to hold above 330k satoshi level for further upward momentum. Target - MOON