LucasLima
Short

Is the corretion over? Historical Support/Resistance $BTC

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
1877 1 17
Hello everyone, I have been analyzing BTC's trend and went back months ago since it started a very consistent bull trend and creating multiple trends way more aggressive that we see today.

December 11st, $BTC arose to the ATH             area for the second time and it bounced back making us believe that could have been a possible Double Top .

Even though we can notice a huge Bullish Flag on the daily chart it seems to have started a downtrend as you can see below.


Thank you for taking a look at my idea, I am not a PRO and I suggest you to take it as a complement and not a professional advice.

Trade responsibly and remember the risks.

Good luck all!





Comment: Seems like we reached bottom earlier than expected, the thing now is: is it over?
should we start seeing a new wave being built?

Cheers
suckers rally
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