Segwit2x got cancelled, and things are finally going well for altcoins market. Alts are growing since the announcement is made, and expect it to grow at least for a week. With that, here’s a quick recommendation – GRS.
Our altcoin recommendation: GRS
“Note the Elliot wave here. The last Elliot wave cycle has ended and a new one has begun.”
Market sentiment for GRS is overall bullish due to the cancellation of BTC hard fork. The chart looks bullish with the bull flag. If it breaks above the bull flag we can see the 13k satoshi price level tested again and perhaps even a start a new Elliot wave cycle that will lead to a retest of the ATH.
Entry Zone: Below 10000 Satoshis
Exit zone: 13000-15000 Satoshis
Stop Loss: 8500 Satoshis
Credits: @Steve4633 for Team IBC.
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![Bitcoin [BTC] Price Analysis – Monthly Returns](https://itsblockchain.com/wp-content/uploads/2020/09/bearish-view-350x250.png)
![Bitcoin [BTC] Price Analysis – Monthly Returns](https://itsblockchain.com/wp-content/uploads/2020/09/bearish-view-120x86.png)
