$BTC All things considered #BITCOIN #BTC #CRYPTO
Short term we may see some sideways or short upwards action before breaking back down into another dip.
The next lowest I see is $9,500 which also lines up nicely with the 0.382 Fib Re-tracement level.
The next lowest is $9,000 and then $8,700. (again, check out those fib levels)
I still see the overlying momentum dominating in the mid-term, while more broadly the upwards momentum is sustaining and building.
( BTC & Cryptos can be an important store-of-value/replacement for the ever-inflating and devaluing fiat currencies -ahem- RIP Fed Reserve)
Still trading under the 210 period Moving Average (since 9-2-2020)
I think we may experience a short pullback to closer to the 210 MA followed by another wave down away from it.
Notice how the price keeps coming back to the 210 & 21 period MAs?
(Shout-out to Oliver Velez, thank you for pointing that out.)
What’s your strategy?
What’d I miss?
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