BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I believe that if the price does dip lower, $32,380 is a support area with potential to reverse the price and send it upward to $44,500.

As you know, I primarily trade the lower timeframes. I go with the direction the market gives me. I am currently not in a trade and I am waiting for a better opportunity.
I also do not think it is intelligent to short at the current price.

If price fails to reach $32,380, or fails to create support and bounce at $32,380 (on the 6 hour chart), this analysis will become invalidated.

Please do your own analysis, responsibly manage your risk, and stay safe.

Thanks for hitting the like button!
Order cancelled: BTC appearing bearish. Closing all position
My technical analysis is lit. Self-made and self-taught. They don't make 'em like me. Beyond T.A. for life. Follow me on Twitter.


So, It will never bearish to 20k anymore?
amazing setup and overall great. Thank you for the updates!
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