Bitcoin price went up without any stop from 27K to 35K. Lots of short players were rekt. I did not expect such a fast and strong bull move.
Even Bitcoin price is trying to stay above 34K, correction time is coming and price drup is possible after short time..
I shared lots of analysis for Bitcoin price and said Bitcoin price will go down in a few days.
Here you can see 4-hour chart and RSI Indicator is trying to be above support line..
Even this support line works today, It will be broken down in a few 4-hours later..
Technical analysis is simple. Bitcoin price chart seems bullish for midterm..
Here you can see daily chart of Bitcoin and It says bullish season will continue until December.
There is RSI Indicator below daily chart of Bitcoin and It will be broken down at the end of October.. I drew the best scenario for Bitcoin. Bitcoin price may touch 40K for best scenario. If not, We may see price at 25K...
25K is the bottom for Bitcoin. We may not see price below..
I hope...
I don't see any reason to see a pump in BTC price except that the US dollar is being a shit coin with all of the QE. There is fear mongering about de-dollarization and that could pump it temporarily.