2 BTC bouncing scenarios
Updated
1. BTC is touching the 0.5, sellers loosing volume. Could possible bounce here but due to a lack of support and squeeze may it drop to 2.
2. If BTC breaks scenario 1 it will fall at least to the 0.168 level around 8K, also a strong support at this level. I think it won't fall any further. If it does, the market will turn bearish for at least 1 month.
2. If BTC breaks scenario 1 it will fall at least to the 0.168 level around 8K, also a strong support at this level. I think it won't fall any further. If it does, the market will turn bearish for at least 1 month.
Note
3. It happened, i think the market is loosing some momentum. Price will drop further till 4/5K range before going up.
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