Giovi6969

Free fall, and no support zone as stated before

Giovi6969 Updated   
BITFINEX:BTCUSD   Bitcoin
Possible supports
Let's see

Comment:
This is the first supportive area where we want to see a bounce or a false breakout to see if this thing still have some buyers
Volume will be important to watch
Comment:
Truely impressive
Comment:
Bitcoin was testing the end of 2017-2018 hodlers
Now it is testing the early-mid 2017 hodlers
Now this is a psychological game of ranges and areas, and not a game of value
Comment:
Doesn't look that spectacular
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Forming a v reversal on the 4400 support area
Again, let's see how it goes after that
Comment:
I swear i did not touch it lol
Comment:
Daily candle (screenshot above is a 4h chart) shows a possible false breakout, even the day isn't over
Which means, if it is a false breakout, that Bitcoin could search for some stability in this 4400-5500 area
We will see, not a time to gamble anyway, this support could break and sent Btc right to the 2970$ zone, target of the descending triangle
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