BTC - Does it need to be commented ?

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Sad day, very sad. Some days ago, I recognized some big signals that an important drop was in preparation. I shared them with you but I was not imaginating it will be so powerfull. We broke a major resistance line on the steem around 6100$. What doesn it mean? It means that if we don't have a nice UP to go back upper that line very soon, we will start a big correction phase.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, 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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what do you consider "very soon" @cryptopassion?

We are on a 4 hours charts so I would say maximum 2-3 days but tbh, when I see the current drop I don't think anymore to this scenario. We will have soon a little reversal because we are dropping too much and too quick but for sure the drop will come back because so powerfull

And I just bought in more last week...every time I buy the market drops...just when i think the bottom is in it tanks again....a full year of massive losses this is BS

can't understand

as long as bitcoin futures will be traded by the banks....this will be happening over and over. But sad thing is, that price of btc is having so big impact on almost all other cryptocurrencies. I asked Ned few months ago, if Steemit is working to be independent to the prices of othe cryptos, and he said that it's fully working on it. Well, doesn't look like it.

Not at all my friend, you are comparing a period where we were in a bullish trend with now where we are already in a bearish trend and where we are currently having an acceleration in the drop because we broke a major support line which was holding us since months. So nope sorry but it is not at all like back

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