My opinion about BTC short-term movement. 1. Scenario Btc bounces off the trendline and continues it uptrend and eventually breaks out of the trend channel caused by FOMO. Then all hell breaks loose
2. Scenario Btc keeps bouncing in the trend channel due to strong resistance.
TA Stoch- super low levels RSI- super low levels Ichimoku Clouds- Keeps bouncing from them
Not
As this prediction didn’t go as planned we are probably looking to return to the old channel which has strong support around 13k but again bitcoin is very unpredictable right now due to new people FUD and weak hands.
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