Bitcoin Bullish Signs But Still Room For Downward Movement!

Bitcoin made a good bullish signs today with the pump today which shows that we are getting some bullish signs, but we still didn't get out of the descending channel and we have room for final dump to 6-6.2k area after we get out of the descending channel and make another cycle up, I think with the bullish news we are getting we might break the downtrend we have made from previous peaks however we should first see how this cycle starts and see how strong the impulses are before we make any predictions for the next peak. So for now, I am keeping to USDT/USD to see how big the next dump is or if we breakout of the descending channel now we should watch out and see how big that pump will be and if it is the start of the reversal and wait till it retraces to buy back in so as I always say, Be Turtle My Friend. ;)
Good Luck, Traders! #moon #mooncommunity #turtlestyletrading ;)
Be a turtle my friend © Farhad Jafarov