It's very hard to say where BTC.D is heading.
It could go up in case of some serious panic selling of BTC. We heard of miner capitulation and it can happen. Also one beaish indicator - rsi on 4h has formed falling wedge and is sitting on support.
As for bullish case, i see that many altcoins are gearing up for some big gains, many of them didn't even move and...
My previous BTC idea worked 100%.
There are many reasons why i think 10500-11000 is possible now.
On 2h and 4h rsi formed beautiful falling wedge. MACD on 4h has bullish convergence. on weekly timeframe stoch rsi has some room to go and macd just crossed bullish.
Also we have confirmed bump and run scheme, we have very similar inverted fractal from late 2019.
Risky long scalp based on previous bigger falling wedge fractal. also based on horizontal resistance. target around 0.024. then new bottom, but not too deep.
e.u.g.l.e
p.s. very risky.
Very similar parabolic curve support from 2018. it is neccessary to pump to 9600 and higher, or dump is unavoidable.
eugle.
look my previous idea about parabola support
