@Smoak, you know I am a bear. Also thinking if it will break or not. We saw the others got broken. Now if I have to relate BTC to Dow Jones, dow had an exhaustion gap. That is why I think it is going up in the meantime. While there is a global concern of the financial crisis and Corona, I am curious if this will act as strong support or will get broken too. If it will, it is a good short entry point below
In my opinion, TA in this market is 50/50 we have more down to come and this is not the bottom.
angelsmfg
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@mambotech, thanks for your opinion. You know that I am a long term bear and I reasoned out for it in many different theories. All of a sudden I saw that. But yes, we still need to be careful. We saw the channel support, gann, fib speed resistance and other supports got broken. Only that one hasn't