BTC Short, medium, long term

已更新

Short term bullish.
RSI in buy zone, long term uptrend line is touched. Short term downtrend tunnel has breached through ceiling. $6850 is short term sell, then buy $6500. If it breaks $6900, $7300 is next ceiling. Then $7800, $8300, $8800, $9300, $10000.. Could go on.. At these levels we could sell and and rebuy a few % lower.. But for now, short term $6800 will be our focus.

Medium term 65% bullish 35% bearish
Bitcoin should break $20,000, new resistance depends on global markets. If they keep crashing, sky is the limit. However, in reality, BTC could go back to 1rst official pump, which is around $3000 level..

Long term bullish, very long term bearish
SHTF. Crypto goes wild. However some coins will prove they are better and they might overtake BTC.

註釋

Keep a close eye on the TA, volume, macd, rsi, candlestick patterns etc at $6800. If it indicates down and doesn't break $6900, look at $6000 - $6100 as support and $5800 as last lifeline before 3k - $4 zone. It is normal if BTC hits these targets, but it could be brief. Probably a day at these zones and then fast recovery to 5K - 6K again and beyond..

註釋

RSI should have enough power left for a bounce above $6500. It will lose power at $6800. Shorts going down, longs increasing, however, volume is down a bit, but still in bullish trend.

註釋