I believe we may see a large pullback too .15 as we approach October.
I analyze the S&P 500 chart from time to time & we have just hit the top resistance in the uptrend we've been in since Feb 10th. We may see a large pullback of about 30% which will also have an effect on Bitcoin, with that being said we all know that Bitcoin controls the Crypto Market so we will all follow.
There is still a chance for us to consolidate, but I wanted to give you all a heads up as we move forward. This does not mean we are going to zero, it just means we may see a healthy pullback before the Q4 bull run.
I do hope it doesn't pan out this way, but wanted to give you both sides of the coin.
I analyze the S&P 500 chart from time to time & we have just hit the top resistance in the uptrend we've been in since Feb 10th. We may see a large pullback of about 30% which will also have an effect on Bitcoin, with that being said we all know that Bitcoin controls the Crypto Market so we will all follow.
There is still a chance for us to consolidate, but I wanted to give you all a heads up as we move forward. This does not mean we are going to zero, it just means we may see a healthy pullback before the Q4 bull run.
I do hope it doesn't pan out this way, but wanted to give you both sides of the coin.
