BTC uncertain futur

Bitcoin / DollarBitfinex

Description

⋅ Dec 28, 2017 11:49 AM

BTC is in trouble, it can re-enter a new run to 20 000$ or 30 000$ with the actual consolidation and the 31th January BTC uranium fork.

It can also continue to fall due to the drop of attractiveness (that can be corrected by the fork).

The key levels are
Strong support line : 10 800$
Buy zone : 9 000$

Breakout confirmation (buy zone): 17 000 $
TARGET 1 : 20 000$
TARGET 2 : 30 000$

This is just an idea, not a trading advice.

Trade active

⋅ Dec 28, 2017 11:50 AM

Comment

⋅ Dec 30, 2017 9:29 AM

Cross the support line

Comment

⋅ Dec 30, 2017 9:30 AM

If it breaks the 12k$ support line we will see BTC at the end of the orange arrow or the red one.

Trend Analysis

Comments

Horrorcoder

⋅ Dec 28, 2017 12:50 PM

The fork is officially a scam (stolen the name segtwit2x so they can ride on popularity but is technologically different and completely inconsistent, team is partially fake, 9.5% premine, no whitepaper, ect), so I don't think we will see a rise related to that

Herklos

⋅ Dec 29, 2017 5:26 PM

@Horrorcoder, I agree but I think we have to carry about because some people can trade around this fork.

Herklos

⋅ Dec 29, 2017 5:27 PM

@Herklos, Sorry : We have to worry about