BTC could drop to 1800-1700 next weeks
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Ticker : Others.D (OTHERS.D Market Cap Others Dominance %)
Just analyzing other cryptos, not directly BTC, as they are a proxy for crypto sentiments. A huge support on the left (November 2017) but below current levels, at a distance similar to november 2018 btc crash from 6400 to 3200 usd (50%). Just today a drop seems to point that this distance to the support zone are going to be covered. If that happen a drop in btc price to the highs 1' thousands (1700-1900) is possible.
See the pattern in my Stochastic RSI MTF study (below) is very simmilar to nov. 2018 pattern.
Just analyzing other cryptos, not directly BTC, as they are a proxy for crypto sentiments. A huge support on the left (November 2017) but below current levels, at a distance similar to november 2018 btc crash from 6400 to 3200 usd (50%). Just today a drop seems to point that this distance to the support zone are going to be covered. If that happen a drop in btc price to the highs 1' thousands (1700-1900) is possible.
See the pattern in my Stochastic RSI MTF study (below) is very simmilar to nov. 2018 pattern.
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