BITCOIN BTC GOING TO $4,799 ? - SIMPLE ANALYSIS
Updated
Bitcoin is holding on our support line however indicators at this phase are bearish. I would confidently say that if we break that green support line in a solid fashion (1D Candle) I believe that price will continue moving down along the wedge from the looks of it.
If it moves sideways, our indicators will turn neutral, indicating a turn for a slightly more positive outlook. On a firm wedge break, we will observe a very positive trend change, but we still need to wait.
I do not recommend anyone to be in this current market and would like to remind everyone that last year today price of Bitcoin was $1,000 - chill out
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
If it moves sideways, our indicators will turn neutral, indicating a turn for a slightly more positive outlook. On a firm wedge break, we will observe a very positive trend change, but we still need to wait.
I do not recommend anyone to be in this current market and would like to remind everyone that last year today price of Bitcoin was $1,000 - chill out
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Trade active
Trade is active in regards to downward shift - careful please if you're inNote
Like for support, it goes a long way!! THANK YOU and happy Easter everyone!Note
Until that wedge is broken, I do not advise to buy itNote
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