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Bitcoin Hits Upside Targets… What Happens Now?

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Bitcoin hits upside targets… what happens now? For the past several months we have maintained a bullish perspective on bitcoin. In June we called for a move higher to 12K, to be followed by a drop back down to the 10K and sub-10K levels. So far so good. The recent October rally has also hit some of our upside targets. However, unfortunately some of our analysis suffered in the past few weeks due to a breakdown in correlations. We explain what the charts could be saying now. #Bitcoin #BTC #AlessioRastani

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6 Comments

  1. Alessio your prediction of the uncertainty in the market will make people have fear and cause the price to drop was completely opposite. Why do you think it didn’t turn out that way? I was wondering since you said Wall Street likes both Trump & Biden. Why would uncertainty matter if they are both liked ?

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