Interesting developments today. We crashed up fast to 7400, and now we see a huge red candle on the 60 minute chart, crashing back down below that 7000 level.
HOLD If we can hold this 7000 level, then I think we'll see higher prices to 8200, the next Fib level based on the September Bitcoin crash.
BREAK If we break down below 7000, level then we might consolidate between 6000 and 7000 for a while.
I am still confident that until the 2x fork we will see very strong rallies because no one wants to sell and give up their free 2x coins.
You really make very helpful analysis with reasonable explanations. When will you make a new bitcoin analysis? Thank you
BerlinTrader591
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@shawshankrd, Ive been very busy lately, but starting this weekend, I will be doing more analysis and videos. Support me with a donation or sign up to trading view with my link!
hamidious
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Interesting analysis. Thanks. I will hold my bitcoin hoping for the break to 8000