#Bitcoin $BTC : This has only happened once before!
The 20 week moving average in week of 28th July 2014 turned negative while the candle had been above the average and stochrsi moved from overbought below 80 and it plummeted 75%.
That Took 6 Months.
We are at the same scenario. I am not saying 75% drop will occur, it could but Bitcoin has matured since then. If again we break $6000 we can break $3000.
Lets see where we are in 6 month
check out my bullish scenario
That Took 6 Months.
We are at the same scenario. I am not saying 75% drop will occur, it could but Bitcoin has matured since then. If again we break $6000 we can break $3000.
Lets see where we are in 6 month
check out my bullish scenario
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