Bitcoin Bottom This Weekend @ 3800?
If Bitcoin wants to come down to the bottom created by the main ascending support and descending resistance, it has only 2 days left.
These 2 lines (descending resistance is perpendicular as with last cycle) cross each other this on Saturday on 3800.
If this final capitulation doesn't happen, then chances for breaking the main ascending support line become greater.
I think it's will cover up soon
I would like to see a hammer candle with a long stick down. Then we can breath again :)
Thanks for update cryto analysis chart.
Excellent analysis and at a low price, Bitcoin mining will be unprofitable! Thank you @pagandance
I heard on reddit miners in China have already shut down their farms.
Looks like time to bring more fiat in ;)