Bitcoin may drop to about $6700 before bouncing back to $10,000 within the next 7 days, just before the Fork.
A closer look shows on the 4H chart that the Ichimoku cloud has a strong resistance level and a large shoulder. If you look at my prior TA, you'll see that as Bitcoin falls after a nice rally, it will bounce off the shoulder of the ichimoku cloud and continue upwards. I think we have a very high likelihood of a repeat of this behavior before the fork.
Buy and HODL!
A closer look shows on the 4H chart that the Ichimoku cloud has a strong resistance level and a large shoulder. If you look at my prior TA, you'll see that as Bitcoin falls after a nice rally, it will bounce off the shoulder of the ichimoku cloud and continue upwards. I think we have a very high likelihood of a repeat of this behavior before the fork.
Buy and HODL!
