After manipulation or should i say Bart move, we saw about 8% drop of the price, but that didn't change a lot. Price still in the triangle but didn't fall to support line, yet. Bulls will probably try again, if they can go over $9550/600, we could see price jump again in range $9700/800, in next couple of hours or over the night...if there will be some Volume.
If non of that wont happen, there could be a potencial drop down to range $8500/800. That would be approximately 35% of a correction, but even so, BTC can go even lower, to range $7500/800. I think this is a LAST healthy support range, if price get lower, it could mean that the Bears game is back.
If non of that wont happen, there could be a potencial drop down to range $8500/800. That would be approximately 35% of a correction, but even so, BTC can go even lower, to range $7500/800. I think this is a LAST healthy support range, if price get lower, it could mean that the Bears game is back.
Comment:
it doesn't look good, be careful :)
