BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
2042 6
Bitcoin dropped exactly 6500 (It over shot 6500 to bounce off one of my moving averages) as i predicted it was a possibility a week ago. it should rebound now short term. bitcoin can go as high as 9200. These prices will be crucial. if bitcoin can not break 9.2k, it will drop back to 6500 for final retest. And if 6.5k doesnt hold. Expect 3k. I know its crazy but thats cryptos for u. I do not plan to trade bitcoin anymore. i have about 140 ethereum holdings left. The chance that we have bottom or if 3k is possible is about 50-50.
Comment: bitcoin couldnt even break 8.1k, bearish strength still very strong, we might not get to 9.2k and retest 6.5k sooner. and if that fails, expect 3000.
Comment: ok i think 9.2k btc retest is still possible
Comment: we tested 9.1k and it seemed to fail
Hello, good post. Do you think it's a good time to go short from 7.4k to 9k? I stay out until I have no confirmation. Passing 7.4k would be a good sign? It coincides with EMA 100 of 30 min and EMA 50 of 60 min. and from there to 8k and 9k?
liked for the godly annotations.
don't you think at around 4300 it will hold price for a while? 3k just sounds way to cheap, some sec news or some bullshit can only bring it to that level
Loii Suley123
@Suley123, no becos these fib levels all hit perfectly. look at the chart 11.2k, 9.2k and 6.5k. so its 3k or above 9.2k.
+1 Reply
shoulda longed this shit
I love how you called your zone ... hilarous
+1 Reply
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