To be continued with my BTC prediction on 17th & 28th May which predicted well this capitulation, here is my very short-term view for BTC until the end of this week.
BTC is now ranging in a small descending channel. I think that BTC will bounce each time touching the $19800 level which is a support since 2018.
It should close this week above $23000 for not being pushed more down (to $17000) the next weeks.
BTC is now ranging in a small descending channel. I think that BTC will bounce each time touching the $19800 level which is a support since 2018.
It should close this week above $23000 for not being pushed more down (to $17000) the next weeks.
Nota
BTC moves as expected. A inverted hammer was formed and BTC is reversing at the moment. Time for some scalp longs, IMO.Ordine annullato
The support at $19800 is broken. This prediction does not hold.Next trades will depend on the new move of BTC
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