When the Majority expects BTC to go up, I totally see the opposite!

The US dollar has declined and lost its power, is BTC going on a similar path?

What I am looking for is level $31818.62, this is an important level in my opinion because it will dictate where BTC will go next. The US dollar has declined and lost its power, in the other hand the price of commodities are starting to increase as a result.

Now if Bitcoin decline below $31818.62 and doesn’t find any resistance at that level, then I will see it going down to $17100 as I mentioned in the previous post.

At the time of taking this screenshot BTC was held in consolidation preparing it for major volatility as we saw it happening today driving Bitcoin even further down.

it’s a matter of time until BTC shows its hand and until then, I will be focusing on this price level $31818.62 for now because I will have further more details once I see what BTC will do around that price point.

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