Bitcoin / TetherUS
Updated

What do I think is more likely to happen?

114
Hello friends, Ive made my own analysis based on what bitcoin has done in the past and patterns and fibonacci levels to calculate what is more likely to happen. Before yall guys stab me in the foot and ask me "Alex, dont you want to see bitcoin at 100k by the end of the year? Why are you not being bullish?" All Im doing is looking at the fib levels from high to low on ABC correction and bitcoin usually get rejected at this 1.618 fib level. Can it go higher than that? Sure, nothing is certainty, its all based on probability. Maybe bitcoin will hit 100k by the end of the year. But I dont see anything wrong with seeing bitcoin at 100k by next year. Also take a look at the RSI support. Could we come down lower? Possible but I do expect a bounce soon.
Note
Bitcoin has a high chance of pumping from here. RSI is looking bullish.

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