Time of Truth Is Near for Bitcoin.
Hello my friends,
What we are mentioning the last 72 hours, finally is in process.
The important retesting area is near.
This is the area that will decide what we will need to expect for
the upcoming minimum 6 months from today.
Things are not simple for bulls.
Bears at the moment are in control.
Until we are below 55410 (Mark this price is the most important level we must surpass to continue bull market cycle)
the trend remain bearish.
More concrete from 51700 - 55410 We have the bearish resistance.
We are now in process to enter this area and to retest it.
Things are simple.
Above 55410 with confirmation = Bull market continuation for minimum 6 months
Rejection from this area = Bear Market Cycle Confirmation
Your comments are appreciated
Have a nice day and good luck with your choices
PS: Pay attention to BTC Dominance...May will surprise us!!
What we are mentioning the last 72 hours, finally is in process.
The important retesting area is near.
This is the area that will decide what we will need to expect for
the upcoming minimum 6 months from today.
Things are not simple for bulls.
Bears at the moment are in control.
Until we are below 55410 (Mark this price is the most important level we must surpass to continue bull market cycle)
the trend remain bearish.
More concrete from 51700 - 55410 We have the bearish resistance.
We are now in process to enter this area and to retest it.
Things are simple.
Above 55410 with confirmation = Bull market continuation for minimum 6 months
Rejection from this area = Bear Market Cycle Confirmation
Your comments are appreciated
Have a nice day and good luck with your choices
PS: Pay attention to BTC Dominance...May will surprise us!!