BTC analisys

Right now everything could be, we could have a big dump (and i hope so to buy more), but i think the we should have proofs to think so. Right now i am still bullish on BTC and i think this could be still a ABC correction of the first wave up after the big dump.

In my chart you can see that we are on a big and strong support which was able to stop price several times, plus we are around the standard C wave extension measured on A wave.

So as i said, we are in a very uncertain time but, in the doubt i still think it will go up or orizzontal in the next days.

Legal Disclaimer: All my analysis are just showing possibile scenarios and not predicting the future. Technical analysys gives wrong signals very often and it just give clues to reason on the future development of a financial product. The price move often in a unpredictable way. Never invest basing only on my predictions which can be wrong and always use a correct money management. I do it for personal interest for free, I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind.