*** Not a financial advice *** There are signs that BTC may fall to 22-21K. It is not exact of course but i compare it with past behavior and comfirm it with indicators. In this scenario i copied candle pattern from rally starting at a point until to ATH (All time high) and reversed it to see if there is a similarities with falling. I used Fibonacci Bollinger Bands indicator plus Fibonacci Speed Resistance Fan straight and reversed version to compare it with todays situation. I found a price location. And then I checked it with monthly Bollinger Band to see it's possibilities and then I saw the same location with Bollinger Band's baseline. Again, of course none of these clues can be exact but i think it is worth to pay attention on it. If this fall going to be happen, I am waiting it to be hapen within few days or a week, or less than 2 weeks.
I think you're right, though I'd be surprised if we didn't see one more good bounce to test resistance first.
Macki87
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Oh really so you used indicators wow man thats cool man But those indicator you used are useless by looking at it looks bullish to me mate
trader_ozyw
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@Macki87, while rally there were heavy bearish signs too but it did ATH over ATH's right.
emountain144
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Excellent, thank you. A few days ago I saw a video of another professional that says it may even fall a lot lower. As soon as I find it I'll send it to you.
trader_ozyw
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@emountain144, You are very welcome. I'd like to see that vide. Thank you very much.