yqmhay

yqmhay Updated 

I might be wrong. If you want to take high risk and get high reward. Try long it now. Sell target 1: 8500, target 2: 9000

yqmhay Updated 

BTC has reached my first target 8k, as I predicted two days ago. From this point, I do not know how high it will go in the following 12 hours. Could be 8k5 (target 2) or 9k (target 3). Or it could just start another free fall, since we are still in the capitulation phase. If you want to play safe, sell now and rebuy when it hits the bottom of blue dots triangle....

yqmhay

After briefly piercing the downward channel, BTC had a weak bounce. We will see BTC follows the same pattern as in the other two blue dots triangles and inevitably starts another free fall. Next support level is 5500, formed by historical support and trend line.

yqmhay

BTC slightly broke the downward channel and bounced back to 7k+. However, it is still high above the green dots trend line, which means we haven't reached the despair phase yet. We will see a temporary retrace to as high as 9k5 (most optimistic target) and then start another inevitable fall. There are crazy amounts of resistance above 9k and I think BTC won't stay...

yqmhay Updated 

Sell target: around 9k Rebuy target: 7k to 7k5