BTCUSD

Dear traders,

As I said last weeks and even from my June 5 analysis... any closure even for 1 day over 48,000 opens the way to the psychological threshold of 50k and even higher ...
...BTC closed above the 58800 threshold and made a new high ... in this area I will wait to see the evolution but if it closes October below 59600 I will look again for SELL up to 42k or even lower ...


THIS WEEK...Because my predictions are based on technical analysis and not on assumptions ... I have reached the level where I have to wait at least a few weeks before I can try a new prediction on BTC
However, from what I see there are very big premises to create a new M, and to follow a drastic descent or to close for 1 week over area 61 and then we can expect a new absolute maximum ...
HOWEVER ... in case of a weekly closing below 59600 I will prepare for SELL up to the area of 48000 or even 42000

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GREAT ATTENTION:
*This information is not a Financial Advice.