$BTC : WHAT I SAID IS COMING TRUE STEP BY STEP! THE NEXT MOVE
Specifically regarding #Bitcoin , we predicted both the declines and its price movements over the past month or so in advance. So what move am I expecting now?
I clearly indicated this on the chart, but I want to state it in writing as well. The decline in the U.S. following today’s CPI data release has also affected Bitcoin.
I expect the decline to continue gradually, reaching the 72K level; once it reaches this area, I believe a rally should follow all the way up to the Order Block zone above.
One of the reasons I think this is that I’ve clearly seen these order blocks in action during previous price movements.
Yes, shorting has always paid off at the end of the day, but the long positions need some breathing room, and the liquidation zone is now wider higher up.
DYOR!
Specifically regarding #Bitcoin , we predicted both the declines and its price movements over the past month or so in advance. So what move am I expecting now?
I clearly indicated this on the chart, but I want to state it in writing as well. The decline in the U.S. following today’s CPI data release has also affected Bitcoin.
I expect the decline to continue gradually, reaching the 72K level; once it reaches this area, I believe a rally should follow all the way up to the Order Block zone above.
One of the reasons I think this is that I’ve clearly seen these order blocks in action during previous price movements.
Yes, shorting has always paid off at the end of the day, but the long positions need some breathing room, and the liquidation zone is now wider higher up.
DYOR!
