, yesterday Bitcoin grew up from $9700 to $10200 and we earned on this movement. Now let's talk about further movements. The probability of going downward is 70% because we can see the absorption of the whole upward movement which now can be considered as a correctional (ABC). Therefore, in case the price will stay at the same level ($9550) or lower - Bitcoin will continue falling. Growth from actual points can be considered only in case the price takes hold above the $9650 level. Currently, the overall situation looks bearish.
@CryptoBullet, yeah right, trust me we will range and move back to 10K Monday/Tuesday by latest
CryptoBullet
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@amirnabavi, if we don't dump even more near days, then yes. I agree we might never see this pricing again. But less likely this scenario
amirnabavi
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@CryptoBullet, I have a conservative target due to fundamentals at 7.2K, but TA at this stage makes no sense and I wonder why they insist on tiring to influence others
CryptoBullet
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@amirnabavi, yes, if we consider TA, them 7k is the lowest price possible. But we might see flash dump to 8k region. I agree than TA, and gaps, and all others things sometimes don't work in bull market. But we need to be prepared for any outcome.
Umarzia
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@CryptoBullet, "I agree we might never see this pricing again"
Do you mean by 4 digits prices? Price will convert to 5 digits again?
CryptoBullet
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@Umarzia, yeah. after we pass 10k and start new wave up to 15k and above we will not see btc at this price as we have now