Update of the afternoon, Bitcoin will go down to 7,500 to begin uploading. (Short)
For all those who follow my TA, today I bring the update to the analysis made to Bitcoin a couple of days ago, in which explain the 2 possible directions that could take it. This has now continued to fall and most likely it is with the bullish support that comes from the 5K (red line) to bounce and go up.
If you have any doubt or suspicion with my analysis done about 3 days ago I leave the link so you can verlo:https://steemit.com/cryptocurrency/@alejandrofz/update-bitcoin-in-critical-point-btc-usd-short
At that time that was the critical point which broke in days past. Now it is in lower values approaching very fast until the red barrier is estimated to touch approximately between the 7,400 $ - 7,600 $ here an image of the chart updated to this day.
Currently it is between 8,000 - 7,900 $ according to CoinMarketCap.com.
Personal recommendation for investors:
Wait and observe closely their behavior in the following hours, while continuing to dive not to immerse. Just show a change of trend you have to put on your pants and make your best offer.
Although I am giving this recommendation in short, do not invest if you think you need the money in less than 2 weeks.
Do not withdraw from the investment with the first change of trend, I remind you that in this volatile market you have to have nerves of steel.
Disclaimer legal, I am not a financial advisor, do your own due diligence when investing in cryptocurrencies. This is just my speculative opinion.
For future viewers: price of bitcoin at the moment of posting is 7888.00USD
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