BTC scenarios
Updated
no more downs below 3000 for short time .... the market now in exhausted selling moments and needs some recovery ... should be so short recovery because of not readiness of the market for uptrend ... First, we need to break 3600 and this we take time so we need to test this level at least twice after that, if we break 3600 -3700 we going to test 4600-4800 levels and should go back as usual BTC do to collect more stop loses . and in this time BTC will start doing some fake falls to 2900 or 2800 and will return back to a higher point 5800 - 5600 ... and return back to make a new lower to collect more stop loses too ( around 2450 - 2850) and downtrend of BTC is done ... put in mind we should not go lower 2500 ... people who bought hugely at that price last year will not let it go below 2000.However if this happened that means we going to see bitcoin for few years trading down 2500 to 800 ... in case this story between 3000 *6000 is the case then we will take from 3 to 4 months at least.
Trade active
waiting for touch the top trend line.Trade active
Strong bullish sticks are coming ... follow the dark black in the chartNote
add $300 difference in numbers on the chartNote
next target $5740 ... keep your eyes open these days
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