🅱️ Bitcoin Update (22-10) #BTC $BTC #BTCUSDT
BTC broke out of the 12150-12250$ zone as we had planned and touched 13200$. Over the next 2 days BTC will move sideways in a wide zone around 12750$. The range of this sideways is 12500-13200$.
After moving sideways, BTC will easily return to 12100-12300$ to retest this zone.
1️⃣If this zone is tested successfully, then BTC will continue to climb higher and head up to 20000$ as analyzed earlier.
2️⃣If this zone test fails, BTC will head to 11000$ zone
☢️ But there is a risk, BTC is following the Bump & Run pattern
After moving sideways, BTC will easily return to 12100-12300$ to retest this zone.
1️⃣If this zone is tested successfully, then BTC will continue to climb higher and head up to 20000$ as analyzed earlier.
2️⃣If this zone test fails, BTC will head to 11000$ zone
☢️ But there is a risk, BTC is following the Bump & Run pattern
Yesterday, BTC built a Long-Legged Doji candlestick so it may re-test the 13100-13200$ again in today.
However, it's so early to breakout upwards in today, so I think we will have a better entry more than this, but anytime it pumps and break the 13200$ zone, we will need to buy it back quickly. But the space at 12100-12300$ is still bright, let's wait it there, I think it will put a leg at that zone