Like I wrote yesterday Bitcoin is still looking weak and it did more or less like I expected, chop between 10.300 - 10.770 before it tested and broke down under the 10.300 to test the 10.000 for a small bounce.
I don’t see any real support before 9700 ish where it has a pivot line and will be hitting my long trendline (blue) from August 2017. I am expecting some chop around that area but I think the market is gonna chock the hodlers with more or less going right through it as these expect this to hold hard. After that we have first real strong pivot line around 9300 ish like we tested a week or two ago - Lets see what this market brings!
Give me a follow or a like if you appreciate my small charts, thank you.
I don’t see any real support before 9700 ish where it has a pivot line and will be hitting my long trendline (blue) from August 2017. I am expecting some chop around that area but I think the market is gonna chock the hodlers with more or less going right through it as these expect this to hold hard. After that we have first real strong pivot line around 9300 ish like we tested a week or two ago - Lets see what this market brings!
Give me a follow or a like if you appreciate my small charts, thank you.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.