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BTC | Next drop $4,000 - $5,000
Bitcoin
Short
BTC | Next drop $4,000 - $5,000
By PinkCryptoVN
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Updated
Jan 27, 2020
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Jan 23, 2020
I have seen this drop since August 2019.
Keep it in mind. When we have a dead cross and the daily 200 MA starts to slope down, we are in a bear market for at least 1 or 2 years.
The daily 200 MA will keep the price down until it reaches the bottom.
The bottom that I posted in November, 2018 may be reached in 2020.
Keep your eyes on the weekly 21 EMA and the weekly 200 MA.
Keep your eyes on LTC. It is BTC's leading indicator. That's all I want to say. Protect your money and good luck.
***Disclaimer: This is a technical analysis not a financial advice.
Jan 23, 2020
Note
DON'T FORGET. This scenario is still in play. Just be careful!
Jan 23, 2020
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Jan 23, 2020
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Jan 24, 2020
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Notice the MACD
Jan 24, 2020
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Jan 24, 2020
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Jan 24, 2020
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Jan 26, 2020
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Look at the price of bitcoin got rejected from the declined daily 200 MA in the past.
2015
2018
2020: if the history repeats itself. 60%-70% drop from the rejected point. We may have double bottom at 3K
Jan 27, 2020
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Flash crash has occurred for ETH. This happened only on Karen. What does this tell us?????
Jan 27, 2020
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Flash crash in Septembet 2018 for ETH (Kraren)
Jan 27, 2020
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Jan 27, 2020
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Jan 29, 2020
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Feb 1, 2020
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RSI - 1 HR Chart
Feb 4, 2020
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Feb 9, 2020
Order cancelled
Trend Analysis
PinkCryptoVN
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