BTC: Brother, you are going down

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Brother, you are going down
Comment: Price action as predicted. Bitcoin has even dipped twice below $10k.
From my point of view, the big question in the next few days will be whether the price will fall below the daily MA 38.
Comment: I think it will be interesting to see how long the price stays within the descending channel and whether it exits through the top or bottom wall
Comment: It's broken out to the upside it seems
Comment: New development, updated channel -- at the crossroads again -- up or down?
Comment: Price development as predicted. Another 4h candle closes below the important MA230. The downtrend is practically sealed. Should the MA370 ($ 9.5k) be broken soon, Bitcoin is in dire straits.
Comment: Next stop $8.2k
Comment: Daily closing under MA38 $10,520 (0:00 UTC) this time around would set off big troubles in my opinion. Watch it and take care.
Comment: Update available: The horrible thruth about Bitcoin - Part 2 - runs like clockwork...
plz check my share ideas on treading view
ReallyMe, could you do another chart on 4H or D? Because it is easier to follow like this... and thank you very much, I have the same idea.
ReallyMe Sidney-CWB
@Sidney-CWB, you're welcome. Just use my previos 1D idea (link below) -- zoom into the idea chart and push "Play" -- it's going as planned.
BTC has got double-rejected at fib line 0.236 of the sub grid ($14,318.51) and at fib line 1.618 of the major grid ($12,525.25)
so chances are it will now complete the retracement all the way down to the fib line 1 of the major grid -> $7,821.33
of course I may be wrong with that, we will see...
+1 Reply
Sidney-CWB ReallyMe
@ReallyMe, ok, thank you!!! Following...
Yes, it’s time for him to go down))))
+1 Reply
ReallyMe SpartaBTC
@SpartaBTC, ;-)
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