$BTC - Both ways...
No Peter Schiff, Bitcoin is not going to ZERO. Crypto isn't dying.
I've laid out bearish (red) and bullish (green) scenarios out in this chart. I'd also like to point out taht the bearish scenario could go a lot deeper, be it with a wick or a diagonal, but there is decent support between the blue lines that should give us at least a bounce.
I have a slight bias towards the green scenario because of the divergences we can see on mid time frames that support a bounce. Just need to see how far the bounce will take us.
Safe trades to all, and ignore Peter Schiff in all things crypto.
Floki.
I've laid out bearish (red) and bullish (green) scenarios out in this chart. I'd also like to point out taht the bearish scenario could go a lot deeper, be it with a wick or a diagonal, but there is decent support between the blue lines that should give us at least a bounce.
I have a slight bias towards the green scenario because of the divergences we can see on mid time frames that support a bounce. Just need to see how far the bounce will take us.
Safe trades to all, and ignore Peter Schiff in all things crypto.
Floki.
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