BTC/USDT price update, will we FINALLY go up or are we still falling down? (TA 6.6.)
From the time I have posted my last TA on Bitcoin it fell down and yesterday it went back up on the lower line of the confirmation range $7 620 - $7 720. Now it is stagnating on this level. There is a small possibility that we can go up right now but MACD is looking more likely to cross down. I am expecting to go down at least to the light blue SMA on my graph or maybe to the last support on $7 050. But if this can not hold we will probably fall down to $6 450 - $6 550 I am not expecting to fall lower than that.
- Tom
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I think if it drops, which it most likely should do, then it will go to 6800 usd Im not rebuying until it goes below 7000 or above 8000 usd hahaha.
yes, also a possibility. It is a good idea not to buy right now. I am also out of any positions
it's risky being ALL out as this market can easily jump up $1k or more in a day... I believe the tradeable float is much smaller than people realize and once it dries up, it could double in a very short time (like a week or so)... Keep your eyes on it!
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