BTC (Short-Term) Bullish Scenario (Symmetrical Triangle Correction + Continuation)

in #partiko • 5 years ago

If Buyers are able to keep the price above our Important Level ($7915), this is another scenario that might happen. Bulls and Bears will fight to decide where BITCOIN might go and a Symmetrical Triangle Formation might happen. This type of correction has formed few times already and it might work again.

Another push upward to complete the major YELLOW Elliott Wave I traced in my original analysis could still be in place if Buyers are strong. On this scenario Price might reach $9.8k/10k level. If so, I assume that a possible correction might start from that level.

Expect massive PUMP and DUMP when it comes to ALTCOINs especially in USDT Market. VOLATILITY IS EXTREME: BITCOIN is going up and down 1k at a time. It's ridiculus.

For further any queries
Ask @luckys

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5 years ago in #partiko by
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