$BTC has 3 short-term CME gaps right now.
On the upside, there's a CME gap around the $73,200 level.
On the downside, there are 2 CME gaps at $69,500 and $67,200.
$BTC had 4 deviations above a key level before downtrend last time.
This time, Bitcoin has 3 deviations so far, and IMO, there could be one more.
A pump towards the $75,000 level before the next leg down could happen.
$BTC has broken out of its downtrend.
Daily MACD bullish cross has happened too.
IMO, this is how Bitcoin could play out:
โซ๏ธ A pump towards $80,000 .
โซ๏ธ A local top and correction to new lows.
โซ๏ธ Bottom in Q3 and a quick recovery towards $100,000 by Q4 end if Fed money printing starts.
$BTC has broken out of its downtrend.
Daily MACD bullish cross has happened too.
IMO, this is how Bitcoin could play out:
โซ๏ธ A pump towards $80,000 .
โซ๏ธ A local top and correction to new lows.
โซ๏ธ Bottom in Q3 and a quick recovery towards $100,000 by Q4 end if Fed money printing starts.
$BTC has broken out of its downtrend.
Daily MACD bullish cross has happened too.
IMO, this is how Bitcoin could play out:
โซ๏ธ A pump towards $80,000 .
โซ๏ธ A local top and correction to new lows.
โซ๏ธ Bottom in Q3 and a quick recovery towards $100,000 by Q4 end if Fed money printing starts.
$BTC has broken out of its downtrend.
Daily MACD bullish cross has happened too.
IMO, this is how Bitcoin could play out:
โซ๏ธ A pump towards $80,000 .
โซ๏ธ A local top and correction to new lows.
โซ๏ธ Bottom in Q3 and a quick recovery towards $100,000 by Q4 end if Fed money printing starts.
$BTC has 3 CME gaps right now.
On the upside, there's one around $80,000-$82,000 level.
On the downside, there are 2 gaps at $69,500 and $67,200.
Which one do you think Bitcoin will fill first?