Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
as for short term price action i suspect a pretty deep correction, looking for ~31K. at the very least a very choppy sideway action for a while. can the price HODL at this local top for 3 weeks untill the ETF aproval? Maybe. but in any case i'm thinking correction (sooner or later) then grinding back.
but maybe i'm just Dreaming looking for a good entery price for what is sure to be an epic year!
but maybe i'm just Dreaming looking for a good entery price for what is sure to be an epic year!
it is far more likely to go to 48k by jan 1 then your number of 31k
but if all etf action is not allowed til june or july we will drop in Jan.
i could see 48K before 31, but i still see 31 in the cards
and if the ETF is not approve (which i think there is a 10-15% chance of that) that would be hell bearish i'd move my target down to 20K