BITCOIN (BTC) Final Move Down - BE READY
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I expect that it's understood that entering now in any crypto market involving Bitcoin is a NO GO. It's just too dangerous.
I expect Bitcoin to drop by additional 15% - 29% within next days. This is not a bad thing because in order for us to make full recovery we need to test final low which would be our final re-tracement.
My previous chart below - not much changed, just a clearer path is not visible, we broke supports - going down
I expect Bitcoin to drop by additional 15% - 29% within next days. This is not a bad thing because in order for us to make full recovery we need to test final low which would be our final re-tracement.
My previous chart below - not much changed, just a clearer path is not visible, we broke supports - going down
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Can we get likes for support on this idea? Thank you for support!Nota
What do you think will be out bounce off point? Comment BelowNota
Wanted to do a quick update on Bitcoin today. We are still bearish, look at updated chart below
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Quick update guys today
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Here’s my quick take on Bitcoin. We have 50% waiting for $100 Bitcoin and then the other 50% waiting for a 100K Bitcoin. All I can say is that from the looks of it, reversal is due at any time now. That purple line is a very crucial support because we have been hopping along it for several month now. I feel that if we break it in solid fashion, we may test a new low this year of around $6,000 - nevertheless I see that for now we are above it and actually had a bounce a few hours ago. It is definitely working for now.MACD is positive and RSI has room for growth. Moving Average is neutral at this point.
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