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RE: Bitcoin TA - summary of analysts - 24. June 18

in #bitcoin • 6 years ago

"One last chance for the bulls - what we see is a bull wick"

That is not correct. We need a bullwick, it hasn't happened yet, because the wave down cannot be done yet.

A bullwick is a sharp decline after which the price jumps right back up where it was...

6 years ago in #bitcoin by
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     6 years ago 

    Sorry - yea that summarization wasn't very precise.

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     6 years ago 

    Normally, after breaking the big support at 5900 we should see a huge sell-off. But this didn't happen yet. Anyway, we will find a bottom between 3k and 6k during the next months. For HODLers like me it doesn't matter.

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