Bitcoin's chart, Do we have the confirmation?
Updated
Yeah we do, it's a weak one but we do.
I see a lot of telegram groups which are telling people we will head up to 6000 usd. Yeah of course we will if they keep spreading fud and scare people who are following them in stead of reading the charts themselves. Do you remember last time they said we will go for 4500 or even 3000?
Let's be honest with each other, I really don't see that happen at all. People are investing in blockchain technologies behind the bitcoin and if it goes to 3000 people won't trust it anymore, they will take their loose and won't come back. Same for businesses, we want this technology to be adopted in the world right? We are here because of the decentral network, right? Let's stop fudding, we DON'T want to kill cryptocurrencies.
In my opinion we will go up from here, it went back enough, the indicators show it's way oversold, we saw a big retracement and RSI closed positively.
These facts in combination with the chart gives me the indication this is it, from now we can go up again.
Happy trading!
I see a lot of telegram groups which are telling people we will head up to 6000 usd. Yeah of course we will if they keep spreading fud and scare people who are following them in stead of reading the charts themselves. Do you remember last time they said we will go for 4500 or even 3000?
Let's be honest with each other, I really don't see that happen at all. People are investing in blockchain technologies behind the bitcoin and if it goes to 3000 people won't trust it anymore, they will take their loose and won't come back. Same for businesses, we want this technology to be adopted in the world right? We are here because of the decentral network, right? Let's stop fudding, we DON'T want to kill cryptocurrencies.
In my opinion we will go up from here, it went back enough, the indicators show it's way oversold, we saw a big retracement and RSI closed positively.
These facts in combination with the chart gives me the indication this is it, from now we can go up again.
Happy trading!
Note
Bitcoin needs some more time, well Okay, let's give you some more ..The decreasement seems over, RSI closed positive which means we can now go on and follow the line.
Note
By the way, 8400 or 8700 isn't confirmed we just need to go higher than abcde and to catch the third wave we first need to finish the first one and second one ;DTrade closed manually
New chart online :)
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