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SebastianofMoon

If daily MA200 breaks, we drop to around 6k.

Bitcoin (BITSTAMP:BTCUSD)  
SebastianofMoon Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Technical Indicators BTC Bitcoin (Cryptocurrency) BTCUSD bitcoinforecast bitcoinprice btcusdlong btcusdshort bitcoinusd BTCUSDT
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trendanalysis harmonicpatterns indicator btc bitcoin btcusd bitcoinforecast bitcoinprice btcusdlong btcusdshort bitcoinusd btcusdt
So this time the bearishness was 100% justified, lol.

Not much to add here, the next strong support zone is the 6k area, volume profile shows strong support at around 6300.

We should see a strong bounce there, stabilizing, and then starting to creep upwards again by the end of the year.
Comment:
The MA200 broke and it seems btc really wants to go to 6k.
It will be a nice shakeout, and volume profile shows strong support in the blue area around 6000-6300. The bounce should be pretty epic.
Comment:
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