Attention BTC drop! Daily cexchange rate forecast and cryptocurrency market analysis as of 31.03.2009
Today we have a forecast of Botkin's course and its upcoming movement.
The crypto-currency market shows a slight growth and is held at a level above $ 4000. It follows that the BTC movement is set to up. This is very clearly seen on the monthly chart. If we break the level of 4200$ then I put an order to buy BTC at 4230$ with a possible closure at 4800$. The most important thing is not to be greedy otherwise you can go into the negative.
As many analysts traders come to the same conclusion, as well as the opinion of the crowd that there will be a growth of BTC to the levels of 4600-5200$ and then a drop, and a very sharp drop to the levels of 3200-3600$ and possibly updating the minimum. Thus, it is a good opportunity to earn on the local upcoming growth and then on the fall. The news background is now very positive, which fuels the upcoming growth. And even if there is negative news, they do not affect the fall in the current period. Time frame April – mid-may 2019. We should fall sharply in June for the upcoming global growth in August or September 2019.
The expected scenario on the oscillator! Attempting a trend reversal, be extremely careful, to fall will much Altcoins will probably be released in the flour! everything should go quickly, I think that everyone is already timid and will give their BTC quickly and without a fight, which will create conditions for a very short and deep fall, followed by a powerful shot to the top!
As for the data for the week, the volumes are growing, the capitalization of the wound is increasing, the news background is good it tells us about the cautious growth with the upcoming fall. As mentioned earlier, the key levels we 4200-4400 if they break we are more likely to go up maybe for a few days and then down! In another embodiment, if rise, fall and breakdown region 3950. This will indicate a continued decline with a potential target below 3855.
As a result, we can say that April is expected to be interesting. Thus, you need to pay attention to Altcoins, which during the growth period will give a few X. Pay attention to the stable, but weak Altcoins – XRP, ETH and those that draw a triangle followed by a shot up, as well as those Altcoins that did not give X.
Good luck until we meet again