#BTC PRICE ACTION: CAN BE PREDICTED 89.93% USING THIS TRICK!
We've formulated the possible conclusion on how #BTC's price action will move after this key level.
Here's how it would be.
There are only a few who knows this, although, a secret way to identify the movement of #BTC is to analyze the movement of altcoins just like how BTC is used to analyze altcoins' movement.
BTC as we all know highly impacts most altcoins with its movement whether it would be a decline or a markup. However, we most of the time neglect that the patterns of altcoins once you analyze most of them can possibly lead to understanding the possible movement of BTC as well. As an example, I'll give you the prediction that I have in mind. As the altcoins retraces to the imbalances that was created from the recent drop to the lower levels, there is a tendency for the altcoins to be continuously rejected after fulfilling the imbalances. This, in turn, once almost every alts have fulfilled the imbalances, there will be a major impulsive movement once again towards the lower levels. Once this happens, BTC's pattern will also show the same significant drop once all of the altcoins imbalances have been fulfilled. This might be hard to understand, although, if you take the time to study how market relativity works, you'll gain more insights on this.
Stay wise, trade cautiously.
