Technical analysis by bradleyzander about Symbol BTC: Buy recommendation (6/18/2023)

bradleyzander

$BTC Pumpalodians Good news to BTC and Crypto lads! I see a good short after this currently phase for a retracement to 0.618 levels and a pump to a higher leg. Our SND zones look ready to go but, if we fall below 25k, some caution should be exercised. Other than that, we look ready to get above 30k. I anticipate this move within a month or two. We will likely see a trend reversal at 32k, revisit 27 and back to 32k+. Theres a massive chunk of buy OBs between 29-32k as well so we could even see evasion from this trend reversal if macro conditions are right.Comment: I would like to add that, some caution should be exercised. Previously I had indicated a Nasdaq short, and would like to add that BTC and NDQ are strongly correlated with BTC following NDQ. If theres massive shrinkage, BTC levels will more likely crashed below 25k. As of now, I'm relatively confident of seeing 32k within a month or two.