POSTED: 10/01/2021 9:38 AM Post tools#2335
Today 10-1-21 Last trade on Bitcoin 47,227 at 9:33 am est..Short term charts have perked up beautifully this morning.The main ingredient volume however is paltry 39.22 Billion.With proper volume it would rock back toward 63k-67k without the volume sideways consolidation will continue as long as 39k-43k support continues to hold pullbacks.BOL to all
Almost a perfect draw above.What's up next?How deep does Bitcoin retrace?My work says 33 percent from the new high.But that is simple as sheet!!
BITCOIN Retrace to $44,800? Nope. Strong support at $55,000. BTC likely breaks thru $75,000-$80,000 in November as it begins its march to $100,000 in December.