#BTC走势分析 That is a crazy lower wick. And I believe it's just getting started. Momentum still strong. Has a way to go.
There's still 2 more days until the weekly candle closes.
Definite local bottom. Relief rally (in progress) ✅
As the price moves higher, bulls will crawl out of their caves with renewed confidence and will utter cries for new ATHs once again.
They will likely be wrong.
PATH A is my base case. (likeliest) This path essentially follows and tags the underside of the large bear flag that just broke down.
PATH B is my "I hope it happens" case. If price gets up into the ranges of path B, it's a definite profit-taking zone imo.
Wherever the price tops in the coming month or so, will be the next best chance to make a run for the exit, with any profits you wanted to procure for yourself. Otherwise, consider yourself comitted to waiting for the next bull run.
All of this is my opinion and speculation......
#MarketRally #USIranStandoff #BitcoinGoogleSearchesSurge #WarshFedPolicyOutlook
