As we're all hanging here in limbo, we may be working in the range of this charted falling wedge pattern. In my opinion, a breakout of the wedge takes BTC to either test 50k or to test previous 2017 cycle ATHs ~20k. I won't rule out a fakeout right here at all considering we've had multiple fakeouts to the upside to trap leveraged traders but staying neutral.
@thriftyPerson62639, I can show you many examples of his analysis being wrong. Same with mine. That's the game, right?
AdrianZen
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@TitoLibido, still not a wedge though. It's a horizontal range.
lonniebryant
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Will it be a sell
lonniebryant
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What if it go below 32892
TitoLibido
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@lonniebryant, I'm no financial advisor, but if you are holding BTC right now and aren't leveraged, I wouldn't sell unless 30k broke. If it did, I would get ready to buy lots of BTC. Just my opinion.