Bitcoin is still above both thin purple uptrend line & thick teal uptrend line & Btc is LOOKING SUPER SUPER SUPER BULLISH towards thick yellow line @ 70k price area... In order for BTC to stay above thin purple uptrend line bitcoin must close above thick purple line @ 66k price area today π― In order for bitcoin to continue thick teal uptrend line BTC needs to close above thick pink line @ 63 thousand price area today... If BTC decides to fake out below thick orange downtrend line, getting back into orange triangle, bitcoin will need to close above thin pink line @ 59k price area today in order not to break towards the downside of thick orange downtrend line heading towards thin red line @ 57,200 thick orange uptrend line today...
IF BITCOIN CLOSES ABOVE THICK PURPLE LINE TODAY BTC WILL BE BULLISH TOWARD 70k PRICE AREA, VERY VERY SOON... π€π BTC COULD MAX OUT AROUND THICK YELLOW LINE TODAY IF IT DECIDES TO BREAK ABOVE THICK PURPLE LINE.
Bitcoin must close above thick red line & thick black uptrend line @ 55.2k price today, or Btc could downtrend towards MUCH lower price levels π₯Ίπ like 50k price area
51.5 thousand price area IS the max dump level bitcoin could go today.... Extra MAX worst case scenario πππ§ VERY VERY VERY VERY low chance.
source https://www.gasleesun.com/2021/10/date-10212021-gas-lee-sun-presents-day_20.html
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