We are approaching a key level on BITCOIN.
What we are learning is that we are taking almost twice as long and expending more buying effort to reach the $10,000 price point versus last time.
We are showing extreme extended coniditions to do so.
My bias is bearish unless price breaks above $10.300 and starts to show strong price action forming new support.
don't miss this opportunity.
its a perfect short.
Being enthusiastic about bitcoin move upside within this year not good.
My point of view price should fall at least 4500/3500.
which would be good for a long-term buy.
Right now I am only looking for supper sell &
wait for until hit my target.
Bitcoin has started to drop really nicely from our major resistance at 11962 (ABC Fibonacci extension, 61.8% Fibonacci extension, horizontal swing high resistance) and a further drop could occur to push price down all the way to 9470 support (Fibonacci extension, horizontal swing low support). It is important to watch the key ascending support which could result...