This is a short term view on BTC. As of yet, price seem to have more downside power, although I'd expect to have a correctional move upwards towards $9500 - 10000 area. Then it will be very interesting to watch as to whether BTC will manage to break above or not. If it breaks, perhaps we'll start to see more bull power pushing price higher. On the other hand, rejection will likely result in continuation of the down move, towards $8500 - 7500 area.
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Alt season has officially startedNote
First target reached, if rejected its a reversal to the upside
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For the coming bull run, I am "ALL IN" zCash for long term. You can follow my ZCASH trading journey in my telegram channel: t.me/cryptocubicI'll share why this is the coin of my choice and will share anything and everything I find interesting about this project.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.