I have a strong TA prediction that we will NOT break $4500 for a bit
1) Forming a bear pennant /flag
2) BAKKT keeps getting delayed
3) Whales manipulating the markets still
4) More sell volume than buy volume
5) Investors and traders still unsure and not certain where BTC is going
What to watch for:
- Resistance is at $4500 and it's been 2 weeks and we keep having lower highs and lower lows
- Support @ $3700, which we have touched multiple times
- Candles below the BB and many EMA/MA
To be direct...I see Bitcoin possibly testing around $2700-$2900 and then head back to around $5200 for a bit, which i would be happy with.
We are NOT ready for $20k again, especially if we want mass market adoption
Remember DYOR and to freedom and riches!
1) Forming a bear pennant /flag
2) BAKKT keeps getting delayed
3) Whales manipulating the markets still
4) More sell volume than buy volume
5) Investors and traders still unsure and not certain where BTC is going
What to watch for:
- Resistance is at $4500 and it's been 2 weeks and we keep having lower highs and lower lows
- Support @ $3700, which we have touched multiple times
- Candles below the BB and many EMA/MA
To be direct...I see Bitcoin possibly testing around $2700-$2900 and then head back to around $5200 for a bit, which i would be happy with.
We are NOT ready for $20k again, especially if we want mass market adoption
Remember DYOR and to freedom and riches!