Hello,
if someone as positive about BTC as I'm can see weakness in the chart, something must be on the card.
Bulls have a huge problem with move back above the consolidations of early June 2019 and back above 7900/8000.
This can cause impatience among those who have recently bought and add supply.
Profit-taking at the end of the year cannot be ruled out among those who made purchases much lower.
All the above causes the danger of falling under its own weight even in the direction of 5500/5000.
reservations:
The negative scenario will be negated if we return above 8000 from a double-day CLOSE perspective.
Any positive info (e.g. German banks that will be able to offer crypto?) Can quickly change the market situation ...
And the fastest change is another positive info from China
greetings
Good luck
if someone as positive about BTC as I'm can see weakness in the chart, something must be on the card.
Bulls have a huge problem with move back above the consolidations of early June 2019 and back above 7900/8000.
This can cause impatience among those who have recently bought and add supply.
Profit-taking at the end of the year cannot be ruled out among those who made purchases much lower.
All the above causes the danger of falling under its own weight even in the direction of 5500/5000.
reservations:
The negative scenario will be negated if we return above 8000 from a double-day CLOSE perspective.
Any positive info (e.g. German banks that will be able to offer crypto?) Can quickly change the market situation ...
And the fastest change is another positive info from China
greetings
Good luck