BTC will go down before it goes up

업데이트됨
BTC is at ATH levels already without taking a breath on the way up. I believe we will see some heavy sell pressure at these levels which will push the price down for now. Here's some of my reasoning:
  • BTC has seen a sharp rise since the beginning of this year with no time for it to breathe.
  • Cyclically, ATH breakout occurs November of this year which is still 8 months away.
  • Volume is low
  • Orderbook has lots of sell orders at 70k.
노트
Looking good for October-November breakout
Bitcoin has hit its bottom
노트
A significant support level has been reached. This is a great spot to go long
스냅샷
노트
Sharp recovery from support
스냅샷
노트
I believe BTC has seen it's last leg of downwards consolidation and we will only see upwards movement from now on into the next parabolic run.
스냅샷
액티브 트레이드
Breakout. Next resistance 105-110k
스냅샷
Trend AnalysisWave Analysis

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