BTC - Consolidation done - Support broken

in #bitcoin6 years ago

Hello all,

Here is the chart of my last analysis :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Since several days, we were consolidating in a range and we just broke the support line of that range that I traced for you in pink. It should trigger a correction on the BTC with the following objectives : 9100$, 8950$, 8750$. For sure the BTC could stop its correction and doesn't reach the next objective but I expect that we go touch at least 8950$. This correction is healthy and could give us the time to prepare the next UP to break that resistance line at 10k$.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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