Bitcoin price analysis: BTC needs to consolidate the gains..
Currently. We are currently on DownTrend Channel. If This DownTrend channel works perfectly we must dump to FIB 61.80% under the next 3days. Note: The pattern is only valid if the Downtrend channel works.
My guess is first to get the liquidity out by making a LL. In the past this happend a lot. Let's find if history is gonna repeat itself.
Everything looks like there will be a huge move on Wed as BTC crosses the UTC into Thurs... too risky either way atm... we're all just waiting to see, but looks like wed will confirm 12/19/2019 0:00 UTC IMO. If it does rise, we may get stopped out around 8500, and then we'll probably retest the lows and reconsolidate IMO. It definitely has some downside...
Just an update of the main scenario I've been defending for weeks, Im still expecting a ride of the lows of the current range and retest the highs of the previous range, before bullish continuation. Lets see how it plays. Good luck.
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BTC could go lower and hit support levels at 9575 and 9945 We have already hit -20% and could go -30%
Price strongly retraced back to the 6k range breaking downtrend resistance and horizontal S/R, all with increasing volumen, drawing a deviation to 3k. Price is above 100/200SMA in weekly, with a three White Soldiers formation. The bearmarket looks more than over, but we Will probably see some shakes before the market starts moving up. Any retrace to 6k zone is a...
HitBTC price is misleading less than $1000 volume. Exrates volume for BTX is 150x higher
have at it, i already loaded my bags at 17 cents and still buying more
First play is scalp fow now. Short XBT to buy zone for swing long. Buy Zone is 0.618 retracement + C point of possible ABCD. Target in screen.