BTC – dead cat bounce – 2/3 weeks of stability

Bitcoin / United States DollarCoinbase

Beskrivning

⋅ 28 jun 2019 12:25

Hi Guys!

In our opinion, the current micro uptrend is nothing but a dead cat bounce.

This is just a reaction after a big drop-down.

The volume right now is significantly lower.

The price should go higher than $12400.

Actually, we predict we should have stability for another 2/3 weeks on BTC.

Its price should be in the range $10300 - $12400.

When we look at the Weis waves we can see clearly much smaller demand wave.

We also expect smaller red, supply wave.

Hopefully, we will see many altcoins growing within the forthcoming weeks.

Take care!

Have a wonderful weekend!

Thank you for reading and your time.

MASSIVE Hugs!
WBM Team

Kommentarer

Jocoin

⋅ 29 jun 2019 13:43

We should wait next days for 1d,2d, candle close between 10k-11k again. 10k should not be broken with daily close for resuming this uptrend, Well done.
Here is my view:

Very-Important-Trader

⋅ 29 jun 2019 12:51

!!My view at BTC!!

Jocoin

⋅ 28 jun 2019 17:07

10k level is a do or die for btc, here is why:

WBM_Team

⋅ 29 jun 2019 12:08

@Jocoin, we wouldnt be so radical. Take a look at the log scale.

Jocoin

⋅ 30 jun 2019 07:19

@WBM_Team, Have a look here:

Andrew-Cat-Es

⋅ 28 jun 2019 16:16

I feel it can go higher sooner, because 61,80% Fibo has been already scratched.

WBM_Team

⋅ 29 jun 2019 12:08

@Andrew-Cat-Es, thanks for sharing.

unfathomableman

⋅ 28 jun 2019 12:34

We'll see, it's kind of hard to predict price movement at times like these. I agree with 10300 on the lower side, in fact that was my order price for buy back.
Thanks for you analysis.

WBM_Team

⋅ 29 jun 2019 12:08

@unfathomableman, thank you for sharing :)

Mer