just some potential patterns for the upcoming week..... a lot of fundamental aspects coming into play this week... BTCG hardfork expected OCT 25th could be delayed or early due to how fast blocks are being mined... How much money is selling before the fork? whether that be converting to FIAT? piling back into the alts? I'd really be surprised if we decide to correct before the fork(MY OPINION). I figure that most will choose the safe path of holding through it and than execute their trades after... or just continue HODLing. What is going to be very entertaining for me is watching how many newbies piled their funds into BTC these passed couple weeks because they heard the words "Airdrop" and or "Free money" lol. Sadly you're not the only ones thinking that it seems almost everyone has hopped on this news. Prepare a strategy and execute whether that be high or low risk is completely up to you.. My chart shows around OCT 30th is when we might have a big decision point on correction or continuation of the rocket.. and as I mentioned this earlier some patterns taken from last week translating into this upcoming week...
Thank you
(feedback is appreciated)
Thank you
(feedback is appreciated)
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If 6200 is broken or we fall below 5600 I would recalculate my technicals
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OCT 27th-OCT 30th would keep eyes on price