BTC PULLBACK and STRONG DROP/13.500 REJECTION/ BTC/USD DROP
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Hi,
So far what we 've seen on BTC?
We' ve seen breach of 8000 in a form of a tripple bottom.
We had breach and retest od 10k level which occur soon, but as per tech side.
Daily StochRSI nearly peaked so 13.500/BTC will be the mathematical and funamental maximum of BTC price judging per any perametar given and available to research.
MACD BULLISH, but, regarding volume circulating and so far existant fractal shapes, there no doubt that this formation of #BTC/USD will colide and make rejection from 13-13,500$ and that's a fact i would condlude this article, because we've reached higher high and so far volume on daily basis VS incoming massive stock colision in the future will bring crypto as money moves from stock which are colliding one by one, starting with german and us economy.
Euro will grow over USD 1:1.35 in the last instance (as per my model) and since BTC behaves like " hedge fond for USD" and USD circulation on crypto section is like 111 billions during past 24h, you can imagine interest rate of liquidaty of USD throughout BTC price will imminently so as decribed.
When stock crashes, all the shares, bonds, equities fail, people will move capital from one sector to crypto and that will imminently in time bring crypto on as a " BIG DEAL", but let's put that aside.
Price mechanism should be BEHAVE 13.500$ at best, then rejection (i would personaly short from 13k instantly with 4-8 leverage), even x20 with smaller ammount from 135xx downwards towards 11,200$.
Thank you for reading this article.
Cheers.
So far what we 've seen on BTC?
We' ve seen breach of 8000 in a form of a tripple bottom.
We had breach and retest od 10k level which occur soon, but as per tech side.
Daily StochRSI nearly peaked so 13.500/BTC will be the mathematical and funamental maximum of BTC price judging per any perametar given and available to research.
MACD BULLISH, but, regarding volume circulating and so far existant fractal shapes, there no doubt that this formation of #BTC/USD will colide and make rejection from 13-13,500$ and that's a fact i would condlude this article, because we've reached higher high and so far volume on daily basis VS incoming massive stock colision in the future will bring crypto as money moves from stock which are colliding one by one, starting with german and us economy.
Euro will grow over USD 1:1.35 in the last instance (as per my model) and since BTC behaves like " hedge fond for USD" and USD circulation on crypto section is like 111 billions during past 24h, you can imagine interest rate of liquidaty of USD throughout BTC price will imminently so as decribed.
When stock crashes, all the shares, bonds, equities fail, people will move capital from one sector to crypto and that will imminently in time bring crypto on as a " BIG DEAL", but let's put that aside.
Price mechanism should be BEHAVE 13.500$ at best, then rejection (i would personaly short from 13k instantly with 4-8 leverage), even x20 with smaller ammount from 135xx downwards towards 11,200$.
Thank you for reading this article.
Cheers.
Trade attivo
Btc is 4h STOCH RSI BEARISH.Btc 1 day stoch rsi bearish.
Further selloff is imminent as per technical side of the story.
I do expect a pullback to 12.350, so that's like 1K more to drop and open long right after.
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