NavaneetKr

BTCUSD - Another Dump ??

Short
COINBASE:BTCUSD   Bitcoin
We could see that BTC spiked up a lot in past few days where we see buyers coming in and seller are going weaker. But for me BTC still not a buy, as we have confluence on the showed chart, a trend line, fibo 50%, also daily,weekly monthly resistance where price is now rejecting.

Going into the smaller timeframe, we might see a rally over this place for sometime, maybe days or who knows maybe a dump like no other.

Expecting price to dump to lower than 20k, but this only time will tell.

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