Opportunity2120

Bitcoin correction: Where you can safely buy Bitcoin from now

BITSTAMP:BTCUSD   Bitcoin
Bitcoin comes out to fall in price just recently. There is nothing wrong about dump or pump but knowing where price treads and goes is the key. From the chart attached to this post, it is clear that btc is set for some dumps. Red candles started to appear under the leading sma line on weekly basis. The only condition to make my price analysis here invalid is when we start to have green candles appearing on daily time frame to clear out the reds otherwise my price analysis will play out neatly.

Having said this. The three major price areas that btc likely to tread and touch are 30,000+ 15,000+ 11,000+ It will take weeks, months and few years for all this to take place.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.