[UpVoteInvest Project] The fall of bitcoin. We warned everyone ...

Hello Steemians,

What we were wrong with is the timing of the next peak at bitcoin. To be honest, it was supposed to take another two weeks. But most likely, because of the massive reluctance to buy bitcoin at such a price, many speculators simply fixed in the hope of buying a coin cheaper. We got an interesting figure on the charts - a bearish rectangle.

The figure promises us a further fall. The whole question now is, from which support line we will rebound. By and large we have two lines underneath us - (1) is one of the previous markers, around $ 5,900. This price is due to the local minimum point at the last ascent.

The second line (2) is a rather powerful support line, at the same time it is the line of the upward trend of BTC. This is serious, especially if we look at it, then in the area of ​​the price of $ 4900 - $ 5000 .. IMHO, after the first rebound from the first line, we eventually fall to the second line, and then temporarily break the trend and slowly rise along it .. Well, then, most likely we again fail.

In conclusion, I want to add that now the press has a lot of messages from all sorts of experts who explain the reasons for the fall of the cue ball. Writes everyone all that much, forgetting one basic thing - trading charts are an accurate representation of the crowd's actions on the trading floor. And these graphs are exactly as many years as there is trade in general. The only thing that must always be remembered is that any kind of force majeure has not been canceled yet, especially when it comes to the crypt.

We wish you profitable trading!

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