Peshehod

Peshehod Updated 

So, in current situation i see 2 possibilities 1. From current point BTC will go down, breaking the lower border and reaching the level 11k-12k 2. It will go up, possibly reaching the 18k level - after it the switch will happen, going down, again, to 11k-12k level. The way all the same - down. It is just my opinion, not a recommendation.

Peshehod

So, BTC has broken the support line and goes down. I expect it reaches the 17500 level, and will stop for a while. After, in my opinion, it will go lower. Will see soon. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. It should not be a basis for taking any trade action by an individual investor.

Peshehod Updated 

Right now i await the price will go down, to approximately $15k - $17k level, and will stay there for a while. After that it will break the resistance level and will finish at ~$10k level. I'm not sure whether it will go below a $10k - the total market situation should be bearish. Maybe it will fluctuate in the zone $8k-$12k, and then the bullish movement will...