BTC following yesterday's predicted upward trajectory perfectly!
Just a quick follow-up on yesterday's post which is linked. In the 20 hours since BTC has followed the path set out for it up to $39.5K perfectly!
If my analysis continues to play out then the bulls should push BTC to $39.5K where it will be rejected, and I then see two scenarios:
1. The BTC bulls keep control and push BTC through $40K back into the ascending price channel from Nov/Dec with BTC quickly going to $43-44K, or ....
2. The BTC bears take control again when BTC falls from $39.5K to ~$38K, and they then push it back down to the middle of the Jan descending price channel to ~$33.5K.
Thoughts and comments welcome.
If my analysis continues to play out then the bulls should push BTC to $39.5K where it will be rejected, and I then see two scenarios:
1. The BTC bulls keep control and push BTC through $40K back into the ascending price channel from Nov/Dec with BTC quickly going to $43-44K, or ....
2. The BTC bears take control again when BTC falls from $39.5K to ~$38K, and they then push it back down to the middle of the Jan descending price channel to ~$33.5K.
Thoughts and comments welcome.
