Yesterday bitcoin was victim of a FUD, but if you are a bull, dont worry while the support hold the price.
Is expected the price recover the rise in next days.
Do not use USDT until things get clearer.
Good evening guys, I can speak for sure that the zone that bitcoin is currently you definitely should not buy bitcoin.
We are tired of rising price, strong resistance and the main downtrend line to face.
Now it's time to wait in dollars and see how bitcoin will be on top of the resistance.
The bitcoin are consolidated. In some time is cosolidation will end, and the price will rally to up or fall.
I have marked the relevants zones for medium and long term in this chart. Be ready and good luck!
Bitcoin break resistance and consolidation, the price are running to the next resistances, 6800 region and 6950 region.
We have a big boss in the main downtrend line, if the bitcoin break is downtrend line and passes the 7400 level, the bitcoin will go to uptrend, and the targets is in the moon. But, while is not occur, lets work with short targets only.
I was traveling but now I'm back.
The bitcoin keeps falling, the most likely movement for the next few hours is this orange line I put on the chart.
Bitcoin is still in a downward trend and in the coming days or weeks bitcoin will decide whether to go to the 4k region or go back up to the moon.
In the last minutes the bitcoin 1.86% had an expressive high. As long as bitcoin do not break through the 6650 region, I will be looking for short position (sell) opportunity. I will share with you if I find a good opportunity. Good trading!