BTC/USD update 05-28

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
My prediction still holds, not much volume , sellers are under pressure! I would not be surprised if it goes down below my target!
Comment: If I insist on the capital of the crypto market, it is that less liquidity = less demand, less demand = less buying pressure, less buying pressure = pressure on the sale!
Comment: liquidity is gradually returning to the market. Hope this continues!

Related Ideas

I sense a slaughter coming... down to 5.5K.. but that the bottom
+1 Reply
jod17 christophercolumbus
@christophercolumbus, if the market does not recover, 5.5 K is possible, my lowest is 4.1 K
+1 Reply
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