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Hello Friends Here we share
yearly chart of 2014 & 2018
Have a look deeply!
In April, June, and August, Bitcoin tanked to $6,000 and recovered to resistance levels found at $10,000, $8,000 and $7,000.ETF's will be there eventually but I wouldn't relay on ETF too much. Delay will be another punch down tho..Bullish Engulfing Candle incoming on the
bitcoin daily chart.
If we could just close the day higher than 6400, we could aim higher 6600
Bitcoin is back in the old TR, currently consolidating between support and a bearish OB. if we can break 6431 then i´m targeting the upper TR at 6549.
Good time to add more shorts with the recent pump back to ~6400. Former support should now be resistance
I expect volatility into the Weekly close and the appearance of a micro-bullish stop hunt, trapping late longs
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Disclaimer: 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.