Bitcoin was in the Bullish Trend line but it could not continue the rally and Bitcoin broke the Bullish Trend Line. Bears took uncalled control over the market, mid of the week. But we saw it coming. Yesterday we posted the Bitcoin Price Update with two scenarios, two one was the wedge pattern predicting that the price can move any direction on closing wedge.
Currently trading at $326550, there is a strong accumulation zone down the price and the buying whales are waiting to buy at the red region however we may see the price nearing the $31000 range before an actual breakout, nothing to freak out.
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Currently trading at $326550, there is a strong accumulation zone down the price and the buying whales are waiting to buy at the red region however we may see the price nearing the $31000 range before an actual breakout, nothing to freak out.
Read More HERE
Please like the idea and share your thoughts.