BTC resistance line hasn't been broken successfully yet!
As discussed in the previous chart:
* There is a minimal chance that BTC goes beyond $12,500 in the next few days.
A lot of buyers bought BTC when it was around $7,500-$8,500 and now they are looking for their 15%-30% profits. You will see a lot of sell!
* Even if the Falling era is over for BTC, it is time for a recovery (Short time Fibonacci 0.5)
* Closer it gets to $6,000, more secure BTC would be for long term investors.
* There is a minimal chance that BTC goes beyond $12,500 in the next few days.
A lot of buyers bought BTC when it was around $7,500-$8,500 and now they are looking for their 15%-30% profits. You will see a lot of sell!
* Even if the Falling era is over for BTC, it is time for a recovery (Short time Fibonacci 0.5)
* Closer it gets to $6,000, more secure BTC would be for long term investors.
