formalrisk

BTCUSD to 9400 and back down

BITSTAMP:BTCUSD   比特幣
BTC's pricing has stabilized quite a bit in a sideways wedge formation. Taking a look at the top, we can expect BTC to move up to 9300-9500 in the short-term. As SPX becomes more turbulent and loses ground, BTC will drop back down to the high 5000s, where it will once again begin its ascent to stabilize around the 7200 mark.
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