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bobjames1

Chinese New Year Events

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
bobjames1  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTC Bitcoin (Cryptocurrency) BTCUSD BTCUSDT bottom price chinese NEW year
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trendanalysis chartpattern indicator btc bitcoin btcusd btcusdt bottom price chinese new year
snapshot
BTC price usually dumps during Chinese New Year (CNY), and the trend lines from the previous big dip show just that. What we're seeing right now might be anticipation for CNY (5 February 2019).
If BTC just drops back to the 3200 or so support and recovers then I'm pretty sure a bottom is basically in, or very close to being in. The final bottom would only be 2600 and above if anything so there's not much point in missing the ship now.
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