J1mmyvanvo

J1mmyvanvo

BTC heading to it resistant line at $8000s.... will there be a drop before that point or will it clear the line and hold strong? my opinion is that we are still in a bearish trend and will see further decline...

J1mmyvanvo

Showing Different routes that can happen....

J1mmyvanvo

BTC bounced at $5900s as marked in previous chart analysis... another bounce at $6800s or are we going to head down to $5700s? If the price does not surpass the the red line then another drop may occur. I'm in btc for the long term and so a $5700s would be a definite cost averaging buy and upward trend to $8000s would also be great for my outgoing position.

J1mmyvanvo

My chart shows it going to $6k... If it doesn't bounce from there then we will see further downward trend to $3k. If it does not pass the upper purple line then we are still in a bear market/ correction. My advice, have cash ready to buy when all the FUD of regulation is over... Disclaimer: I will not and cannot be held liable for any actions you take as a...

J1mmyvanvo

We all know BTC is going down, but how far down? and will it ever recover? My analysis shows upward trend to $8600 and if it doesn't past $8600 then it will further decline to $7400....

J1mmyvanvo Updated 

BTC is going down but how far will it go?