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supremetrejdr
Oct 10, 2018 8:03 AM

The reason why we're not going to fall bellow 6000 

Bitcoin / DollarBitfinex

Description

Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and hold the 6500 support. When we break out of the triangle I suspect a move to the upside to 7400 (previous high) and an immediate drop back to 6500. We're in the accumulation zone, it's going to take a while for BTC to start setting new higher highs.
Comments
XCryptonacciX
I'm thinking the same, more sideways. were really laying down massive trading volumes in this range. like paving a road. this will make this price range much stronger, and harder to break in the future. Good TA.
supremetrejdr
@ISTVANX, Thanks bro. Appreciate the feedback.
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