BITCOIN'S DOWNSIDE MOMENTUM CONTINUES!
Updated
Greetings all,
We mentioned before that bearish signals are more than bullish.
Yesterday, once more time 50 and 100 MAs, reacted as very strong resistances on 4 hours time
frame, and finally what we were worrying , is happening right now.
31500 - 31750 is very important area for bitcoin and must get retest.
We were speaking about this area, days ago, almost in all our charts and videos, and also
in our channel.
We are expecting test of this area, and there we will see if market is able to bounce or
we will finally see retest of the last low at 28700.
GL
We mentioned before that bearish signals are more than bullish.
Yesterday, once more time 50 and 100 MAs, reacted as very strong resistances on 4 hours time
frame, and finally what we were worrying , is happening right now.
31500 - 31750 is very important area for bitcoin and must get retest.
We were speaking about this area, days ago, almost in all our charts and videos, and also
in our channel.
We are expecting test of this area, and there we will see if market is able to bounce or
we will finally see retest of the last low at 28700.
GL
Trade closed: target reached
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