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RadmirF
Sep 4, 2020 7:47 PM

If we are still on bearish market. 

Bitcoin / U.S. dollarBitstamp

Description

If we are still on bearish market.
This is my midterm view on BTC if we are still in bearish market which I think we still are. ((
Strong support levels are 7600-7800, 5800-6200, 4000-4300 (where the main bottom accumulation expected), 2700-3300 in worst case.
I know bearish ideas on BTC are annoying people but trend and market capitalisation flashing me this for now.

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People asking why do I think market is bearish. This is one of my arguments.

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7468 looks for me as solid bottom for first leg. There probable consolidation and further analysis if happens.

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7468-7878.

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8500 is a strong level of demand where we can reverse into bullish.

Order cancelled

Seems like BTC is really going to break resistance and looks bullish right now. Probably the main correction is over and BTD deals are started. If so we're doing the new (i) impulse right now.

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Comments
Pps33_Day
Bullish will begin in March 2021 ,so Sell now to March 2021 and then Buy . In fact it was for sale at 12 k, at the last increase when it was a Bull Trap. Growth usually ends in August and resumes in March, look at the history. Then the whales return. 🐋🐋🐋
RadmirF
@Pps33_Day, In March may began bullish consolidation but trend starts a bit later I think.
CryptoLife41
Man your charting talent is amazing.I checked your old shares and they are really Clear and logical
RadmirF
@CryptoLife41, Thanx if it's not a sarcasm. Old ones was awful bull shit. But the more I trade the more I know. Hope my skills are improving with time.
Legenden17
did you turn bearish since yesterday or even when btc was 12k?
RadmirF
@marktimmerman17, since 15 Aug.
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