We will most likely bounce on the 4000 USD support line, just like the last time. BTC crossing the 4400 resistance was important, but it didn't so it was clear that we would see a small dip.
Keep in mind that with the current S2X drama going on and the Bitcoin fork the charts we might drop some more. But I don't expect that to happen after we've gone up first.
Keep in mind that with the current S2X drama going on and the Bitcoin fork the charts we might drop some more. But I don't expect that to happen after we've gone up first.
Comment:
Okay, didn't go as low as I thought it would. Anyway, we have a TK cross above the cloud. This thing is super bullish and once it breaks the 5000 USD we fly into a new trading area. BUY BUY BUY.