If 18300 - 18400 are broken, BTC Will Start To Fall
BTC in ranging in previous days, so either bullish or bearish scenarios are still possible..
But there is an important area between 18300 to 18400 that I believe if BTC breaks them, it'll start to dump. By dump I mean the correction that we've spoke in previous ideas.. (I gave you the link below in the Related Links)
I think this week is decision time for BTC.. we should consider some options for BTC decision:
firstly, I think fundamental news and big company buying force of Bitcoin can give the bullish scenario a green light..
secondly, DXY (Dollar Index) is going low every day, Gold price seems to covering in previous days.. so maybe these reasons can give bullish scenario another green light..
But in technical analysis we should wait and see how the market will react!!!
This is my idea.. What do you think???
But there is an important area between 18300 to 18400 that I believe if BTC breaks them, it'll start to dump. By dump I mean the correction that we've spoke in previous ideas.. (I gave you the link below in the Related Links)
I think this week is decision time for BTC.. we should consider some options for BTC decision:
firstly, I think fundamental news and big company buying force of Bitcoin can give the bullish scenario a green light..
secondly, DXY (Dollar Index) is going low every day, Gold price seems to covering in previous days.. so maybe these reasons can give bullish scenario another green light..
But in technical analysis we should wait and see how the market will react!!!
This is my idea.. What do you think???
Trade closed: target reached:
As we spoke, BTC broke 18300 - 18400 the important support line so the correction is started.. I don't see any attacks to 20000, 21000 in short-term. Let's analysis the lower targets...
