As many of you know, I havent been charting as often because nothing new really has happened with btc . We are still falling. I am not looking at a longer term due to MA resistances in the monthly that has kept suppressing BTC price and I know we will see more lower prices. The question always remains, how low?
At this point I am still targeting 4.1K with a longer term of 2.8-3.1k price range. I am hopeful for BTC to bounce off the 55MA for some bulls market however it is a little early to say since ichi cloud is dangerously flattening. It is not a good sign people. Trade with caution .
You know the drill, your money your choices, this isnt an advice to trade but an idea to share.