BITCOIN / USD TA
Yes, yes, yes, yes we will recover. How low can we go? Well since nearly every support has been broken under manipulation flash dump we can expect to fall under $4,000 and as low as $1,000 - we have many looking towards around $900 but of course that's pure speculation because no one knows what's truly is going on in the market besides the general understanding that it's being massively manipulated and coordinated.
THEORY 1 - Manipulated dump to let insiders in
THEORY 2 - attempt to make mining 1 BTC more expensive than buying it which will cause for many mining companies to close their doors, especially in China, therefor decreeing centralization over Bitcoin and Ethereum.
THEORY 3 - POW is done with, and Bitcoin will never recover
Choose your own theory you wish to believe in.
Invest what you can afford to lose. I am not giving financial advice just my personal point of view.
Yes, yes, yes, yes we will recover. How low can we go? Well since nearly every support has been broken under manipulation flash dump we can expect to fall under $4,000 and as low as $1,000 - we have many looking towards around $900 but of course that's pure speculation because no one knows what's truly is going on in the market besides the general understanding that it's being massively manipulated and coordinated.
THEORY 1 - Manipulated dump to let insiders in
THEORY 2 - attempt to make mining 1 BTC more expensive than buying it which will cause for many mining companies to close their doors, especially in China, therefor decreeing centralization over Bitcoin and Ethereum.
THEORY 3 - POW is done with, and Bitcoin will never recover
Choose your own theory you wish to believe in.
Invest what you can afford to lose. I am not giving financial advice just my personal point of view.
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SMASH that LIKE for support! Every like counts guys, thanks!
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Bearish outlook resumes guys
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Manipulation continues
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Slight bounce but overall we are moving in right direction. On longer trend RSI is below 15% however there is still much more downtrend that will most likely happen
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We're seen very nice movement according to our prediction. Movement downward should continue in next wave.
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Looks like we might drop below $4,000 today
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Movement is steady but still waiting for it to make new low. Will make updates chart later on today.
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UPDATED CHART
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We have another bearish flag forming on 45M looks like more down
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Movement as we anticipated
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UPDATED CHART JUST RELEASED