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Quartz-
Mar 1, 2020 12:39 AM

BTC 1 Day - Still downtrending Short

Bitcoin / DollarBitfinex

Description

From this point in time... 20% chance price goes upwards - 80% chance the downward trend hits new lows. There are more peeps betting longs usually than shorts. I have included the synopsis on the indicators. There's the 20% chance price this weekend decides to go no further down and a new temporary bull trend starts
There's an 80% chance price develops new lower lows.
Let us look at the 100% breakdown - Of this 80% chance ...
40% chance price drops off to a shallow decent stopping around 7,800's.
60% chance price declines into the green oval region of the 7,400's.

Good Luck !! May our profits yearn us more yields in the future.

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