$BTC should hold the double bottom 10K area otherwise it will go much deeper south...no time to open longs, better to wait for the dust to settled
Hey tradomaniacs, I know i know.. take a deep breath and chillax. Everyone is talking about the bubble..the CRASH.. the DEATH of Bitcoin & Co. Well..since we had this strong hype that was almost utopistic everyone felt like Bitcoin & CO were unstoppable. But why? Why would you think like that? Because we have a big market of players with no freaking clue how...
BTC took a hit recently due to the Chinese markets, this is how I think it has effected VTC; and how I think it will recover.
Price reversal zones on chart. BITCOIN CRASH? No Futures, No CBOE, No CME, No NASDAQ?! I'm think this is possible buy zone before the price of BTC > 100 000.
#BTC #BTCUSD #BTCGBP #BitCoin Bat Pattern Short Idea for reentry This will complete "Return to Normal" Phase
#BTC #BTCUSD #BTCGBP Massive 2618 Short Opportunity
Seeing the daily TF, zoomed out and applying the elliot wave count in here, I see a potential major correction coming up?? Since the parabolic rise this year, BTC did not retest the longterm support line. We have tested 1800 twice, 2450, 3000 but not the longterm support line ( varying 1300-1500) Personally I do not want to believe it nor I want this to be...
After a strong up a strong down. That is swing. So we can expect a down to the area 300 usd. Let's see what happens. Happy trading. :-)