Several days ago when BTC was trading at 58k, I told you guys that 65k is possible. So here's my post. đ
This forecast is 100% on point. Once again another proof that a TA based on KDJ is simply 99.99 % accurate.
Well past is past, if you missed this forecast before, don't worry, let's talk about the odds of BTC now. So here's the BTC chart. đ
65k is a strong resistance, but the recent BTC rally has invalidated this resistance zone. Candles are diving down which is typical since people tends to sell when they see a good price.
Scanning the chart, we have a strong KDJ support at 63.6k. If you'd like to trade long, the latter price is a good point of entry.
To recall, I've been telling you for weeks now that 71k is the ultimate KDJ bounce back target for BTC. It's like a string that pulls the price up, when candles dive down.
Since the 65k support has been invalidated, a rally back to the 71k zone is highly possible.
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