Decodingthemarket

The Pain is Here and 200MA

Short
BITSTAMP:BTCUSD   Bitcoin
IS OUR HOPE!!
#Bitcoin Price is officially in correction territory dipping into the blue box with 2 potential downside targets
if price don't find solid support with 200MA at $22,368.50

Breaking below will increase the chances of dropping to 20k as the first downside target.
and the second could be testing 13,880 from June 24, 2019

Historically, 200MA acts as a strong price support
will it happen again?
what do you think?

TA made on April 15 was reached
please see the TA Made on April 15 to read comments and check the results

NFA
PLEASE, DYOR/MYOD!!
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Please Re-Examine Before Make Your Last Decisions
Apr 15
Comment: NOTE: Price Line Extension (Green) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market

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