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BITCOIN NEXT MOVE - 8.5K OR NEW ATH? - CryptoManiac101

1585
BTC / USD TA

From looking at structural integrity, we are looking bullish with directional bullish bias which should put us around $17,000 - $22,000 in coming weeks.

From pure logical standpoint, we should see healthy pull back with sideways movement just like we've observed in prior bull runs which lasted usually for 2-5 month.

BULL SCENARIO - We reach New ATH within next 2-4 weeks.

BEAR SCENARIO - We correct back towards support of around $8,500 with sideways movement making New ATH around Q4

We also have bullish STOCH RSI on 12H 24H which does support bullish bias.

Patterns wise, we have a gigantic inverse head n shoulders which was validated earlier with a massive $700 pump.

If you're in trade LONG at this time, setting up a profit stop loss is reasonable and if you're looking for entry at these highs, be aware of the risk.
עסקה פעילה
עסקה פעילה
הערה
We are already up 290% from buying at time of posting this TA
הערה
Of course I'm talking about on leverage

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