$BTC 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. For illustration, let me share my prediction with you. There is a propensity for altcoins to be repeatedly rejected after retracing to the imbalances caused by the recent decline to lower levels. There will then be a significant impulsive movement back towards the lower levels when practically all alts have corrected the imbalances. Following the fulfillment of all altcoin instabilities, Bitcoin's trend will likewise exhibit the same notable decline. Although this may be difficult to understand, you will learn more about it if you take the time to research market relativity.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.