Possible 2020 March Virus Dip scenario
Dear fellas, Yesterday night we had seen so powerful bear momentum which pushed BTC from 57k area to 42k area, many altcoins suffered about %40 dip.
There are two scenarios here either we will go back and retest 20k-30k zone or we will retest previous HL area for potential LQ before we up again. As far as we will not see big moves this weekend due to big guys are sleeping, upcoming week needs to show us powerful momentum, otherwise we will go back to 20k-30k. My estimation we have retested and preparing for up moves, use proper risk management and do not investment all your savings on one element
There are two scenarios here either we will go back and retest 20k-30k zone or we will retest previous HL area for potential LQ before we up again. As far as we will not see big moves this weekend due to big guys are sleeping, upcoming week needs to show us powerful momentum, otherwise we will go back to 20k-30k. My estimation we have retested and preparing for up moves, use proper risk management and do not investment all your savings on one element
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