Elliot Analysis
Knowing resistance levels sometimes becomes support, we can can see they are mapped out above.
Analysis suggest price will rise in short-term and return to levels around $2800. However given the level of fomo, market setiment that BTC is out of the deep water, coupled with the speed at which the oppourtnity to buy BTC at $2900-$3100 vanished, i personally doubt we will make it back down to that level. That said $3200-$3400 range is a possibility.
Any tips or suggestions is much appriciated as i am a relative noob in comparison to soe of the more seasoned Vets here.
Cheers
Analysis suggest price will rise in short-term and return to levels around $2800. However given the level of fomo, market setiment that BTC is out of the deep water, coupled with the speed at which the oppourtnity to buy BTC at $2900-$3100 vanished, i personally doubt we will make it back down to that level. That said $3200-$3400 range is a possibility.
Any tips or suggestions is much appriciated as i am a relative noob in comparison to soe of the more seasoned Vets here.
Cheers
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