BTC has BOTTOMED!!! This is it!! It will NEVER go Below $3000
BTC has BOTTOMED!!! This is it!! It will NEVER go Below $3000
Based on multiple support structures around $3000 I don't see it dropping below the $3000 level ever...It may test it again for sure but should not drop...this is what capitulation looks and feels like... 89% on BTC...95% on ALTs...anybody who has weak hands has already sold and will be selling around 6K...
When many hands sell at 6K - 6.5K we will see another drop to the 3500 level... remember higher highs...this may continue for few months before consuming the overhead supply around 6K - 10K...
once that is burned through...btc is ready to rally beyond 20K...
I think almost everyone who has bought above 10K has already sold...
Based on multiple support structures around $3000 I don't see it dropping below the $3000 level ever...It may test it again for sure but should not drop...this is what capitulation looks and feels like... 89% on BTC...95% on ALTs...anybody who has weak hands has already sold and will be selling around 6K...
When many hands sell at 6K - 6.5K we will see another drop to the 3500 level... remember higher highs...this may continue for few months before consuming the overhead supply around 6K - 10K...
once that is burned through...btc is ready to rally beyond 20K...
I think almost everyone who has bought above 10K has already sold...
Comment:
6500 would be good guys...lot of bulls action in options...needs to see shorts squeezed...welcome to the front row seats to this action
Comment:
3670 now...
Comment:
4007 right now...keeps jugging away...
