bakuryu_prince

Slow "recovery" with price history trend line as only support

COINBASE:BTCUSD   Bitcoin
I'm not seeing any reasonable support from the EMAs or Fibs. Fact is we had an unhealthy growth spurt and price history is the only reliable indicator moving forward. I'm seeing a bounce back to the USD 10,000 (as reliable support with actual price history) in late May of this year.

Bitcoin has shown how unpredictable it can be and news/hype may cause major deviation from this analysis. I'm talking low-end solid support here.

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