Bitcoin (BTC/USD) Weekly Daily Chart Analysis For Oct 19, 2020
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Technical Analysis and Outlook
Bitcoin's brake-out of a powerful Mean Sup, $11,900, and rocket it to Major Key Res $12,930, completing Inner Coin Rally $13,150 and re-retested, topped Outer Coin Rally $13,222 - Marked on 26 Jan 2019. The intermediate end/pause confirmation (TSS proprietary TARC symbol not shown) is in the process - The next Outer Coin Rally is marked as $14,470 with the odds of 80%, while the probability of the price drop stands at 20-40% chance.
Bitcoin's brake-out of a powerful Mean Sup, $11,900, and rocket it to Major Key Res $12,930, completing Inner Coin Rally $13,150 and re-retested, topped Outer Coin Rally $13,222 - Marked on 26 Jan 2019. The intermediate end/pause confirmation (TSS proprietary TARC symbol not shown) is in the process - The next Outer Coin Rally is marked as $14,470 with the odds of 80%, while the probability of the price drop stands at 20-40% chance.
Nota
To continue the rest story, see 'Weekly Market Review & Analysis For October 19, 2020, page.
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