Current situation reminds me the same what was happenned in 14.07.2015.
The chart below is divided into two parts: upper part is a 2014-2015 period and lower part is 2018-2019.
In both cases I divided the moment of Golden cross with a blue vertical line.
In current bearish trend this is a first attempt of trend change by Golden cross and I think not the last. But alway keep in mind that this is a crypto and everything could happen.
I expect that before going down BTC could test 5950$-6050$.
The chart below is divided into two parts: upper part is a 2014-2015 period and lower part is 2018-2019.
In both cases I divided the moment of Golden cross with a blue vertical line.
In current bearish trend this is a first attempt of trend change by Golden cross and I think not the last. But alway keep in mind that this is a crypto and everything could happen.
I expect that before going down BTC could test 5950$-6050$.
Comment:
Current situation
