BTCUSD : Resistance zone will be tested again.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Need retest area $11,000-12,000
Then, long-term trend is determined.

don't want to admit it. but, I think will go down because it seems more reasonable.
Above all, there are too many negatives!
If a miracle happens, We can headed to $ 80,000


Do you think the fall is over this year? many expected 2600-2800 in the coming days, perhaps now a reversal in favor of growth. A list of the 100 richest addresses of Bitcoin owners https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html and now they add
TestPattern cardan6006

In terms of volatility reduction, $2,800 is the maximum.
If it falls to $2,600, will violate the volatility and 200MA (1W) support. It won't be good.
Anyway, the end of the decline is imminent.
+1 Reply
I think Bitcoin will stop falling between December 12-17.why not? 1 year of falls.
but who knows what price will stop at
TestPattern cardan6006
I think so too. Chart is just a tool to reduce error of the judgment.
Sometimes it's better to estimate when to buy than price.
If the BTC drops below $ 3,500, the chart is no longer meaningful, and good idea to purchase in Jan-Feb 2019.
is it cruel, early december 3-3.5k?
TestPattern cardan6006
@cardan6006, Yeah, really collapsed too early..
200MA(1W) is $3,200.
And, according to BitMEXResearch, BTC mining cost is $ 3,341.
your opinion is a possible scenario considering the two factors.

$198.12(1) - $19,666(0)
Fib (0.786) = $4,362
It will become clearer if this price breaks.
cardan6006 TestPattern
@TestPattern, i didn't understand anything in chinese
TestPattern cardan6006
Google Translation
Jiang Zhuoer: "competition war" peacefully ended, CSW is basically impossible to have a creation private key
Jiang Zonger issued a long article today: CSW has withdrawn its power, and the "computational war" ended peacefully. The two sides burned 30 million yuan.
It is basically impossible for CSW to have a creation private key.
1. 24 hours ago, CSW has withdrawn half of the calculations to dig BTC. The remaining 1850P on the SV chain is lower than the normal mining power of the ABC chain, and ABC stops burning.
2. The total cost of the two sides is 1000 yuan, which has little impact on the disk. The reason for this decline is that the bear market will fall for a long time.
The OKEX futures system has gone wrong, which has led to a large number of quantitative procedures, which has triggered a bearish panic.
3. The possibility that CSW has a creation private key is very small. CSW promised to give Roger a private key but reneged on it, causing Roger to call a lot of computing power to participate in the war.
+1 Reply
a few words about the decline, in the next few days the drop will continue? your opinion
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