Some Predictions & The Science & Art of Bitcoin Moving Averages
How I see the situation playing out
I predict Bitcoin to fall sharply in the first 72 hours of October. My precise range of time of the drop is between Oct 1 00:01 - Oct 3 23:59. My precise range of price prior to the sharp drop is between $6640 and $6740.
Expect Disaster Any Day Now.
If we consider the recent 6840 as a local top, that's a 6th (!) lower high in a row. The past four consecutive lower highs (9990, 8500, 7400, 6840) can be connected in a neat downward sloping curve (resistance). Strap onto your belts for potential accelerated downside in October.