Why I'm posting this?
I cannot resist myself not do so, because I know how many people will lose money or miss an opportunity to earn it, because of not knowing all I'm going to tell you here.
What exactly I'm talking about?
I could just say sell or "buy Bitcoin now", but I want it to make some sense for you and don't blame me later I was just lucky.
27th and 28th of January are Bitcoin medium term trend reversal and it's confirmation dates. Soon Bitcoin will go up for serveral K.
There is 90% trend reversal pattern in my opinion (the chart is clean of my indicators and other lines).
Just be aware some scary bad news (remaining 10%), that's the only way this trade may fail and don't forget about good risk...
1. If the price touches red support line within next 24-48 hours, it may break through either way (70%);
2. If not it will continue growth (30%).
I vote for the first one, it will touch the red line within 24-48h.
Actually, now it is really risky time to trade, while Bitcoin is in price searching mode.
1. If it breaks out of the blue line price meets $2400, then back to $2300 and then possibly to 2600-2700. (75% Chance)
2. If it touches and goes lower then red support line, be careful, anything can happen. In this case I predict price movement back to $2000 and maybe lower. (25% Chance)
I vote for the 1st one.