BTC is still on it's way to 70k
is history going to repeat itself ?
8th of january btc has price correction from $41950 to $28850 which is 31% now it's even less than that, it's just 23% which probably it's gonna stay around for a while and then when all crypto moved from wrong hands to right one, the price is gonna rise again
as i said in previous analysis, in daily timeframe kijunsen was flat and that means there is a chance that price going down to touch that line, which i didn't think happens but it happened anyway
according to ichimoku it's just a normal move that when kijunsen is flat and there is gap between kijunsen and price, the gap must be filled and after that usually price should return to it's trend
so ... i still think there is a lot left of this journey and btc is still in uptrend and soon we're gonna see 70K and even that is not the end ...
8th of january btc has price correction from $41950 to $28850 which is 31% now it's even less than that, it's just 23% which probably it's gonna stay around for a while and then when all crypto moved from wrong hands to right one, the price is gonna rise again
as i said in previous analysis, in daily timeframe kijunsen was flat and that means there is a chance that price going down to touch that line, which i didn't think happens but it happened anyway
according to ichimoku it's just a normal move that when kijunsen is flat and there is gap between kijunsen and price, the gap must be filled and after that usually price should return to it's trend
so ... i still think there is a lot left of this journey and btc is still in uptrend and soon we're gonna see 70K and even that is not the end ...
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