This is my BTC/USD forecast for the next months. In crypto we know that timing may vary a lot faster than forex markets. Anyhow I see those final low target for the bear market:
30% = 6000 $ AREA . DOUBLE BOTTOM AND REVERSAL 65% = 4970 $ AREA. MAGNETIC MEGASUPPORT REVERSAL WITH VARIOUS CONFLUENCES. 3% = 3000 $ AREA. I cannot think at anything lower also because of the mining costs. My best reversal point is 4970 $
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Bearish cross of the Moving Averages for BTC. Prepera yourself to go down
Trade closed: target reached
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Trendlines of this chart are still very significant