Bitcoin Critical Point (To be or not to be)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi. In my previous post i recommended selling at the top - 9180 usd, where we touched that 200 moving average line. Now we are at important levels again. This bottom thic line on my chart, currently at 7460 is very important trending line. At this moment the bounce up was weak. If it drops bellow that line it will be a very bearish sign. There is still possible that we retest this line and make a bounce from this line. Remember that we are still in a bear trend.
Comment: i offered free shorting tutorial. Many users sent me a message but only 1 registered and he got free shorting signals from me. Others unfortunately didn't registered so they got only tutorial.
You got the low so far today very well. Your analysis is good. Your offer of free shorting tutorial is very kind too. If you'd like some willing students please drop by our chat-group today sometime. It's fairly quiet and there are 300 or so Bitcoin aficionados waiting to hear what you've got to say. Good exposure for you too if you'd like it. Anyway, if so, please check the link at top-loft of main sumastardon page. Best to you, Peter
tutorial and signals please
Interesser in the tutorial and signals. Only just saw your post
ttrold ttrold
@ttrold, Interested..
We are at a crucial point here, the total market cap might go below ~$276B, if we fall through this be ready for serious damage to the market. The last 2 times we bounced off strong (Feb 6 and Match 18).
Shorting tutorial - why I didn't know anything about it ? Could you once more provide ... please. ;)
@c4rt0, hi, i didn't announce that on my post, i just announced that on my profile page.
+1 Reply
thx for your ideas.
If drop bellow 7460 ... we go to 6k or 7200\6600 can bounce?
It already dropped below this line as we speak on Binance
@lulu45, flash crash doesn't count, closed candles matter, you should know that
+2 Reply
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