As we analyzed before, BTC dumped hard. I hope you can get profit from my chart. I think BTC is just beginning. My target is still 7500 - 8500. Plan no change. Chart never lie...
A new rising wedge now. Maybe we will have a fake pump break out before it continue to drop. The main trend is still drop...
Here is the daily chart of BTC. As you can see, BTC found gentle support on the top of the triangle. However, right above the current trading action, we have the extremely resistive 100 MA (orange line). BTC tested this 100 MA so many times in near 2 months but it cannot broke this MA. So 100 MA become the strong resistance of BTC and the top of the descending...