BTCUSD at the crossroad
1D, 4H, 1H
After the massive price manipulation, the price of all the crypto has been forced lower and is comfortably sitting above the support levels.
BTC is hovering above the support + 10000.00 USD mark.
In my opinion, there are 3 possible scenarios at the moment.
1. We will have a little dip below current low at 9928.62 USD and consequently, the price goes up.
2. We have a deeper dip that will be followed by a price return above the earlier mentioned support level.
3. Price is gonna get pushed much lower and from there it will enter a long accumulation period. From there price emerges higher again.
In all 3 scenarios, we should see higher highs and easily pass 20K mark.
After the massive price manipulation, the price of all the crypto has been forced lower and is comfortably sitting above the support levels.
BTC is hovering above the support + 10000.00 USD mark.
In my opinion, there are 3 possible scenarios at the moment.
1. We will have a little dip below current low at 9928.62 USD and consequently, the price goes up.
2. We have a deeper dip that will be followed by a price return above the earlier mentioned support level.
3. Price is gonna get pushed much lower and from there it will enter a long accumulation period. From there price emerges higher again.
In all 3 scenarios, we should see higher highs and easily pass 20K mark.
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