2021-10-20 20:23:26
[BulletBot-v2.0] 10/20/2021 - 17:10:00 (UTC)
Bitcoin Bullets Market Analysis
October 20, 2021
TECHNICAL (4H)
BTC has now broken its previous All Time High, just as expected, and just as we've been telling you all for weeks. Currently trading at around $65,800 BTC's strength is ridiculous compared with both our May highs and our previous 2017 $20,000 high. We can expect a short/mid term continuation on it before a drop in BTC dominance and an eventual run of secondary assets (alts)
SENTIMENTSentiment was waiting for a break above our highs before exploding to new highs as well. Buyers are currently at the highest levels we've seen in months and most of the market is bullish and expecting what we can consider a run similar to the one in 2017.
WRAP-UP (VIP)
We can expect BTC to run up to a potential $70,000 - $72,000 high before leveling off and seeing a drastic drop in BTC Market Dominance, which will not only reset our market sentiment, but send alts exploding.
$BTC DAILY RANGE:
Upper Limit: 6
Lower Limit: 62,190
(+-15% based on moving average volatility open/end points)
SCALP ENTRIES (VIP)(*Advanced traders only - moderate/high risk)
LONG 62,890
SHORT 69,249
Leaks By @VIPLeaksClub
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