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BTC REACHES 80k WHAT NEXT, DONT MISS THIS RARE ANALYSIS.
Currently BTC has been in a channel as illustrated in picture below. BTC spent alot of time in this channel but has recently broken out of this channel Moving all the way to 69K to 71k to 73K and retesting back at the upper line of the channel around 68.5k. NOW HERE IS WHAT YOU HAVE TO KNOW. The rules that gover n channel state that once price moves out of the channel like for the case of BTC below. It goes into another channel which is paralle to the first channel as in the picture below. When it reaches the upper side of that channel, it often retraces back to the blue line you see in the Picture. Therefore based on that. here are my predictions on BTC. BTC has to go all the way like to 81k-82K, after that we get a retracement down to around 69K or 70K. It will either range in this other channel for some time before finally breaking out of it. You see that yellow line which is around 81.2k BTC HAS TO COME DOWN AFTER REACHING AROUNG THERE. That being said, means lets watch out for some momentarily retracement of BTC to the blue channel it has just broken out. This will be another golden opportunity for us to go for longs. Possibly during that time there will be alot of blood on street(red candles). There is also another possibility of BTC breaking out of the second channel(in red) if that happens it means that BTC will shoot higher to the bull channel line. Personally i want to believe this scenario is lets likely. But if it plays out that means BTC will go all the way to 100K. But this would be to fast a move . ANyway lets pay attention and tune in, whichever scenario it is. CRYTPO DRAGON IS HERE TO GUIDE YOU AS WE SAIL THROUGH THE MARKETS. #LETS GET RICH TOGETHER. FOLLOW LIKE AND SHARE WITH FRIENDS DONT MAKE MONEY ALONE. STAY BLESSED. #Write2Earn!
Currently BTC has been in a channel as illustrated in picture below. BTC spent alot of time in this channel but has recently broken out of this channel Moving all the way to 69K to 71k to 73K and retesting back at the upper line of the channel around 68.5k. NOW HERE IS WHAT YOU HAVE TO KNOW. The rules that gover n channel state that once price moves out of the channel like for the case of BTC below. It goes into another channel which is paralle to the first channel as in the picture below. When it reaches the upper side of that channel, it often retraces back to the blue line you see in the Picture. Therefore based on that. here are my predictions on BTC. BTC has to go all the way like to 81k-82K, after that we get a retracement down to around 69K or 70K. It will either range in this other channel for some time before finally breaking out of it. You see that yellow line which is around 81.2k BTC HAS TO COME DOWN AFTER REACHING AROUNG THERE. That being said, means lets watch out for some momentarily retracement of BTC to the blue channel it has just broken out. This will be another golden opportunity for us to go for longs. Possibly during that time there will be alot of blood on street(red candles). There is also another possibility of BTC breaking out of the second channel(in red) if that happens it means that BTC will shoot higher to the bull channel line. Personally i want to believe this scenario is lets likely. But if it plays out that means BTC will go all the way to 100K. But this would be to fast a move . ANyway lets pay attention and tune in, whichever scenario it is. CRYTPO DRAGON IS HERE TO GUIDE YOU AS WE SAIL THROUGH THE MARKETS. #LETS GET RICH TOGETHER. FOLLOW LIKE AND SHARE WITH FRIENDS DONT MAKE MONEY ALONE. STAY BLESSED. #Write2Earn!
