Possible bullish outlook after pullback?
An optimistic look at what BTC could do over the coming weeks - I will also post the opposing view to see what the bearish outlook may look like in the next post...again playing around with repeating fractals and Fibs.
There appears to be strong demand around 73XX zone and 7360 has proven to be a strong level previously, if this doesn't hold I anticipate that the next level would be around the 68XX region, this will be a very important level to hold, if it bounces hard off this then I think we are in for a swift ride back up to the 82XX-84XX level, from here the EFT fomo may drive us up to the phycological 10k level by 18-19 September if there has been no prior rejection of the EFT by then.
There appears to be strong demand around 73XX zone and 7360 has proven to be a strong level previously, if this doesn't hold I anticipate that the next level would be around the 68XX region, this will be a very important level to hold, if it bounces hard off this then I think we are in for a swift ride back up to the 82XX-84XX level, from here the EFT fomo may drive us up to the phycological 10k level by 18-19 September if there has been no prior rejection of the EFT by then.
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