BTC is structuring into a bullish flag and maybe will consolidate here. Overall I believe we are in a sideways market being the high at most 4250 to maybe 4400 if things speed up this year. Regulatory process of the entire block chain digital asset realm now plays a major roll. I will have a buy order when I see a good bottom structure appear or a break upward with real volume and momentum. But honestly I think its time more buyers come in and people will want to buy as low as 3550 support zone or even lower. I believe the bottom is 1800 and we can see that once more if not close to it. If price goes lower, great even a better deal. We will watch structure play out before the next buy in! Here are fundamentals that help support this idea. Also refer to this previous idea for tons more news and refer to BTC Idea Continued Bigger Picture as to why I see price could hit 1800 again.
Most likely we are heading down to 3500 3550 to accumulate more liquidity
-----> At the moment, there was no fulfillment in the attempt to break through $4,000 in large volume.
----> Although there is a new high we could now come back and make a new lower high or fall lower making a new lower low below 3300.
Bullish News to drive accumulation
bitcoinist.com/pro-b...rency-friendly-bill/
www.newsbtc.com/2019...ucks-cryptocurrency/
Most likely we are heading down to 3500 3550 to accumulate more liquidity
-----> At the moment, there was no fulfillment in the attempt to break through $4,000 in large volume.
----> Although there is a new high we could now come back and make a new lower high or fall lower making a new lower low below 3300.
Bullish News to drive accumulation
bitcoinist.com/pro-b...rency-friendly-bill/
www.newsbtc.com/2019...ucks-cryptocurrency/