For now, we have two immediate indicators that we can monitor, to understand the forward direction. A break above the pink dotted channel sends us to $4492 (possible, but less likely). A break back below the 10 , and a hold inside of the channel, will likely send us sub $3500 (more likely.) Monitor those indicators, and good luck trading.
I'm the master of the charts, the professor, the legend, the king, and I go by the name of Magic! revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Basically from now on ill be taking your opinions more seriously. I would like to know what is your long term view on BTC? Can you see this market recovering as it has in previous bear markets?
Plenty of people were laughing at the likes of Warren Buffett calling him disgusting names on Twitter and other Economists and experts who were warning.
All of this has happened before and all of it will happen again.