Bitcoin / TetherUS
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BTC short term prediction. Q1 2021

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BTC had a spectacular Q4 2020, with a 4x parabolic move. Even weekly RSI went above 90.
In Jan, consolidation has started. You can see the price in a descending triangle as shown in pic.
This pattern is likely to break bearish. Over Feb-Mar, I speculate the price could drop towards 20K.
This is only consolidation on the Weekly timeframe after a parabolic ascent. There is good support at the 20K region.
It will allow the bull rally to continue into the rest of the 2021.
Emir iptal
Update: That didn't work out. Instead BTC went up further & been in long correction since.

Feragatname

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