Bitcoin "Dead cat" bounce
Updated
As i mentioned in my previous idea, looks like bitcoin hold 30k threshold. Now in my opinion market will go to the last attempt to new highs, and fails somewhere around 0.618 fibo.
So I expect market to bounce up to 50k+, then fail attempt and finally lose buying power, and this will be meant prolonged bearish market in cryptocurrencies
So I expect market to bounce up to 50k+, then fail attempt and finally lose buying power, and this will be meant prolonged bearish market in cryptocurrencies
Trade active
Price entered decision area. I will slowly increasing my position with stop-loss ~57310
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