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daviso12
May 28, 2018 4:02 PM

The 3 dips are getting shallower each time, BTC may slowly rise. 

Bitcoin / DollarBitfinex

Description

In a few days time we may just see a slow reversal of this down trend to an up trend, and not the V shaped dip people expect to confirm the bottom is in. There isn't much appetite (at the moment) to sell or buy on mass to push the price in either direction, even though it would be very easy with the low volume.

My previous idea is still holding reasonably accurately (uk.tradingview.com/chart/BTCUSD/dX4H3Q9k-2-short-term-ideas-from-here/). I am still not 100% if we take the high path and we drop lower first. BTC is still not being bought into by the majority of the population. Lots of people are interested though but not convinced it is worth them buying any (yet).

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