Bitcoin Market - Bottom Hit?
Hi traders, there's been some very interesting actions in the market this past few days.
Here's why.
Bitcoin.
The Bitcoin dump has considerably slowed down in the past 4 days prompting some to call for the bottom...
Bitcoin is currently testing previous support...
Failure to break above $7200 with volume would likely trigger more dumping down to the next area of low auction:
In case the market turns bullish again, $7600 will be my first target to take profit because cash is king in a broader bearish market.
Cheers.
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Coins mentioned in post:
Hopefully this is the bottom...
I still HODL but it is getting very painful at the moment :)
Hi @vlemon, I expect a counter trend rally to my targets, followed by more downside... possibly to $5000 but we shall see.
Hey @vlemon, I am looking at growing the blog, would you be interested in a partnership? I know you're already featuring cyptopassion's TA on your daily articles but would you be interested in adding a second opinion (mine that is), I believe it would allow your audience to get a stronger overall feel for the market, if you're keen maybe we should discuss that on my Discord channel: https://discord.gg/4VGVHrs, talk to you soon hopefully, cheers!