Ok guys, the situation due to Coronavirus is constantly evolving especially in Europe and now America too will have to take increasingly stringent precautions.
The reasoning is simple considering the relevance of the PoCs. (I take a price margin due to FUD and FOMO)
Are we facing a perfect storm that will correct the maximum peak of 20k in ABC mode, or will BTC demonstrate unexpected force ?
Regarding RSI I note that we are not yet at the lows of December 2018, it seems to me also macd is bearish.
Please comment!
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possible test of 6.4k res lev
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done
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you have to admit the evidence this is a bull flag
@transparent-fx, the situation is evolving, the next few weeks could still be decisive from a macro-economic point of view due to the virus ofc , thanks I like your analysis
VincePrince
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Good technical analysis
Glickwarlock
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@VincePrince, Tnx , we are in fact in this situation also in my opinion