At this moment words are not needed, all the World Action, collapsing and bla bla bla....
IMO price is exactly where it should be at this moment. The key is to stay here, above $5k and go back up with the trend. Maybe someone will say it is to early to talk about that..., Maybe, but everything has a limit. Next couple of days will be very important. All exchanges have to "get up" and traders have to accept the reality. The shows goes on no matter what.
Those who know Bitcoin well, know that kind of moves are normal...just look the history, most big actions are the same, just different price levels.
Can`t price go down much more? Sure it can, but who has a interest for that??
After all crap, ups and downs... there is good future for BTC :)
Good Luck!
IMO price is exactly where it should be at this moment. The key is to stay here, above $5k and go back up with the trend. Maybe someone will say it is to early to talk about that..., Maybe, but everything has a limit. Next couple of days will be very important. All exchanges have to "get up" and traders have to accept the reality. The shows goes on no matter what.
Those who know Bitcoin well, know that kind of moves are normal...just look the history, most big actions are the same, just different price levels.
Can`t price go down much more? Sure it can, but who has a interest for that??
After all crap, ups and downs... there is good future for BTC :)
Good Luck!
Note
Talking about this move in the mid January
Note
Note
Triangle fail... For now still side ways... it looks like it go more downNote
Trade closed: target reached
Trade closed: target reached
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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.