A small short-term BTC price movement forecast – compliments of yours truly
From big to small:
The large converging triangle is still in play – this apex of this triangle lies in mid-July (solid white lines).BTC is still moving downwards after it’s last trip up above $4000. I expect a bounce around $3600 (solid yellow lines).Interim BTC movements are in a North-Easterly direction and are accordance with diagonal Fib levels.
Made by Bit Brain with TradingView
The bigger picture looks like this:
Made by Bit Brain with TradingView
In the short-term I expect a BTC movement something like this. Volume is dropping again so
Add your Scripsio!
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