Ecua_Trader

BTC Weekly chart 01-13-2021

BITSTAMP:BTCUSD   Bitcoin
symbol="COINBASE:BTCUSD"]COINBASE:BTCUSD

Seems like this time it took me less time to come back and chart.

Im doing a weekly chart because it seems like weekly works better and gives me more time to enjoy life. Im not shorting the market, not shorting any markets really, I may even start longing USD but that is another story.

Although volume is not the same as in last years, I think btc may try to take the previous high since more money will be dumped in the markets by US government.

I am expecting a btc correction to 18k range. The monthly supports are at 10.5k but as last time, monthly was not a big player in btc price so I dont expect to bet there but if btc repeats its drop percentage, price would be around 6k. I know, I know, lovers will come ant tell me Im crazy. Well, yes I am.


Good luck and your money your choices


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