Bear market is still in full effect
I posted a short term long for BTC a few days ago and got stopped out
So far, BTC doesn't look great
Daily stochastic pointing downwards
Daily RSI pointing downwards
Bearish sentiment everywhere online
If BTC doesn't hold in the $3.3 - $3.6K range
We can see it free fall into TARGET 1
If TARGET 1 doesnt hold, we shall see another drop to TARGET 2
My analysis is $1.8k - $2.8k a BTC
I could be wrong, trade safe guys!
I posted a short term long for BTC a few days ago and got stopped out
So far, BTC doesn't look great
Daily stochastic pointing downwards
Daily RSI pointing downwards
Bearish sentiment everywhere online
If BTC doesn't hold in the $3.3 - $3.6K range
We can see it free fall into TARGET 1
If TARGET 1 doesnt hold, we shall see another drop to TARGET 2
My analysis is $1.8k - $2.8k a BTC
I could be wrong, trade safe guys!
Comment:
TARGET 1 has been reached. TARGET 2 is still in play, i guess shorting is the new FAD since thats the only direction the market wants to head towards