Bitcoin (BTC) Cryptocurrency Price Prediction, Forecast, and Technical Analysis — Sept 27th, 2021

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The August 16th trade idea remains active and open. Short idea from last week triggered and hit for profit. No new ideas. I am still looking at a continuation move south to test at least the $40k (The Emperor Protects) value area. Additionally, a move towards the $25,750 zone is in the cards as well.
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Trade-Ideas
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($1000/3-box P&F Chart) — Aug 16th
Sell Stop @ $48,000
Stop Loss @ $42,000
Profit Target @ $38,500

($500/3-box P&F Chart) — September 27th
Sell Stop @ $40,500
Stop Loss @ $42,500
Profit Target @ $34,500
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Dollar-Cost Averaging
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Buy Limit @ $31,088
Buy Limit @ $23,681
Buy Limit @ $16,455
#Bitcoin #BTC #BTCUSDT #BTCUSD $BTC $BTCUSD #cryptocurrencies #Crypto #blockchain #DeFi #Crypto #CryptoNews #cryptotrading

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Jonathan Morgan

Technical analyst, investor, trader, social distancing since before it was cool