Goldman Sachs entry into the Bitcoin futures market signals Armageddon
— Route since, Send, Unavoidably prevalent, Erratic trading range producing diminishing returns, Bearish divergence, Presence, Resulting, Uncertain, Follow, Btc price — 1 min read
Bitcoin price currently trades at $20,087 as the bulls have managed to re-route since the early morning shake-out on June 5. Goldman Sachs’ entrance into the crypto market is a strong indication of a big move to come. A break and close below $18,595 could ultimately be the catalyst to awaken sleeping bears in attempts to send the BTC price into $14,300. If the bulls can breach this level, they could be able to rally as high as $31,000, resulting in a 55% increase from the current BTC price. The Relative Strength Index subtly validates the symmetrical triangle’s presence as bullish and bearish divergence is witnessed at key pivotal turning points. @BTC_Archive Source