BTC AND ETH - a BIG MOVE IS COMING SOON!!!

13 ביולי 2021

All the rumours about MSFT and AAPL getting balances into crypto aren't worth anything until we see the proofs. But if we do get proofs all this idea will get invalidated!

Technically BTC will exit the current triangle today or tomorrow , my guess is that is's going to be on the lower side to test the 28k level which is pretty strong , the aggregated orderbook shows a lot of orders protecting that level. Now let's imagine that those buywalls dissaprear in fear of getting long squeezed , our next target is pretty clear and is situated between the projection (yellow vertical) and the clear support at 20k.

Further more, ETH which is currently protected by the 0.618 FIB, even with big news ahead, will momentarily suffer from the potential BTC drop. Targets for ETH are $1850 and the lower $1750 that would correspond to the BTC 28k .

Again, if we get news that are proven real, we need to forget about technicals for a moment.

Stay positive!