BTC - Double TOP - Update

in #bitcoin4 years ago (edited)

Hello all,

Here is a small update about the BTC.

The scenario of a possible double TOP is still not invalidated :

BTCUSD1.jpg

On this daily chart, you can see a little Head Fake just a bit higher than the previous Top and a correction which happened immediatly after.

On the hourly chart, it is very similar as we just did a double Top also and we are starting a correction now :

BTCUSD.jpg

Be carefull my friends, more and more indicators are showing that a possible double Top could come very soon.

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.

Version française ici : [FR] BTC - Double Top - Mise à jour

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I have heard that bitcoin reach 8000 .

Thanks for the valuable lesson

Do you think this correction has anything to do with the small group of miners still expecting to mine SegWit2x

Even the strongest bulls get exhausted. However, I think the new user growth rate shouldn't be underestimated. Coinbase alone has added hundreds of thousands of new users this month. Another factor that I've noticed in this space is that price manipulation seems possible even plausible (See BCH to BTC comparison 7 days ago). Yes! BTC could have seen a double top, absolutely! However, its also possible that we see Bitcoin at 10k in a month.

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