After being blocked at 24K, BTC fell sharply, and this large-scale decline was expected. Therefore, it was mentioned around 24K that profit-taking operations were needed. Although the long-term view is bullish, the market indeed needs to adjust before restarting.
This decline actually provides a better entry point, and I will continue to establish long positions...
Tezos until we Bezos. XTZBTC is looking really good for a reversal. Bitcoin should hold steady with institutions holding it down at $30k. This is a great time for altcoin laggards to shine. XTZ will have a candle close above the 50 day EMA and the bull trend should continue. Tezos trust is coming - load up
Tezos has a cleaner chart for the BTC pair rather than the USD pair. Long time trendline support has now become a key resistance for Tezos. I am looking for a short if it hits the 30k sats area and a long for the 26k sats area. Expecting Tezos to range between those two points for the next couple weeks. Long term bullish, but needs to reclaim 30k sats as support.
This is my prediction for Bitcoin in December 2018
As long as 5500-5000 is protected we shall see a thrust move and an upsurge in the shortest span. Major shorts will be covered in losses and a "MID TERM" Bull run is in the charts
