12d • General discussion
I expect BTC to
Good afternoon everyone,
The markets as a whole are looking heavy. Truth be told, oil has its' grip on everything.
When it comes to BTC, fundamentally speaking, we are in new territory as the 4 year cycle is broken. HOWEVER that doesn't change the technicals with where we are now. As I said before I believe we will sideways chop in the sweet spot (orange circle), BUT be prepared for it to go down to the 50k range. IF it goes that low, I think that would be mass fear and capitulation, and could make for an incredible buying opportunity.
As always, if you have any questions feel free to ask.
God bless,
Charlton
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I expect BTC to
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