Hello guys, this is updated of Bitcoin from xuanhaimmoer today.
In this update I just declare little for all you because we all keep the same target as my my last prediction.
This post I want show you 2 pattern2 we are in and you may have another viewpoint about the market right now.
We are in Bearish Flag pattern and accumulate before dump more 1 step to bottom zone.
Bearish Flag pattern occur after we have break down the Rising Wedge pattern and when we break down so the target also in 2800 - 3000$ for Rising Wedge pattern.
That is for short term so what about middle term ? We are in big Falling Wedge pattern with the last bearish wave.
When we end of 3 pattern in 2800$ - 3000$ we will have up bounce back to 4300 - 4700$ is the target for middle term as many last analysis.
Good luck for all you guys !
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All update in 1 day about 1H 2h 4H and 1D will be public in here so leave a LIKE if you want support me !
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In daily or 1D chart we have RSI divergence very clearly !
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Update newest chart
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NEW UPDATE
BITCOIN - WHERE WE ARE IN CYCLE ? - LONG TERM ANALYSIS
It would be nice if it would drop to 1-2k, with a fast rebound. I have saved a lot of cash to enter BTC again. Short on short term, long on long term :)
MikeJoseph
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Yeah i posted this same chart just a bit earlier than you did (great minds think alike)