Yeah, sooooooooooooo...
I am about to strap my 5 cents here)
In my last post (https://bitcointalk.org/index.php?topic=3898620.0) i gave my opinion based on the DX (USD index)
But gazing into BTC chart got me thinking about life.
So, last post we were looking at midterm market movement.
And NOW lets talk about LONGTERM!
My guess is that)
Soon enough we will be looking at 5k!)
Explanation:
Weekly Ma10 support will break down after this Sunday, MA5 will push price down, next support will be MA20 at 5k lvl.
Plus USD is getting stronger wich will push the price of bitcoin down)
Good news is that the long term looks amazing!
Here is some analysis from ya boi.
BTC
https://imgur.com/gallery/tnKyD9z
DXM8(USD index) (indicators used RSI,STOCH,SAR) (Indicators are not shown in order to improve image quality)!
https://imgur.com/aEUsU6j
I would really like you to participate! What is on your mind? Lets discuss a future price!