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Alias Born 08/26/2019

Re: None

Tuesday, 07/20/2021 12:23:06 PM

Tuesday, July 20, 2021 12:23:06 PM

Post# of 63521
Bitcoin seems overdue for a bounce. Volume is picking up on the downside, of course this may be at least partially due to the Grayscale unlocking. If no bounce materializes over the next few days, IMO the next target is around 27.8k then if that doesn't hold around 23k. These are Fibonacci targets. Some guys are calling for a between 8k and 12k bottom but I don't attempt to look out that far and unless I see a blowoff bottom coming I have learned to wait until the actual bottom is in the rear view mirror before going long as IMO bottoms and tops are best handled as hindsight items.
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