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Saeed966
Jan 23, 2020 6:53 PM

BTC/USD : Fall and did not break the resistance Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin against the US dollar
He tries to break the 8309 resistance line but did not break it
Therefore, Bitcoin will drop to the price of $ 5477.
Comments
B166ERcrypto
I do not believe it will test the bottom of the channel this time. It's designed to make you think this way. See my charts and ideas to understand why.
Saeed966
@B166ERcrypto, He is experiencing strong resistance and it is daily that he did not break it
B166ERcrypto
@Saeed966, There's a bigger, stronger trend at play around 7500. I'd be careful calling for lower than that without a good reason not to trust 10 years of price history.
Blockshame
@B166ERcrypto, it could still go lower, to 5k area, and still be on historical trendline...
Saeed966
@Blockshame, Thanks for writing to us, we are trying to be responsive
UnknownUnicorn4762443
what is your Idea about btcusd today
ProjectSyndicate
not too bad
KalGandikota
I agree. BTCUSD will drop to levels between $5500 and $5000 unless there are macro-economics around the world change. I will be waiting until June 2020 or July 2020.
jihadHejaz
Here is what I think about BTC:
Saeed966
@jihadHejaz, No, not good at the moment
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