BTC , A Bridge Too Far ...
Updated
So as we see from this analysis
BTC went truly bullish on April and now is at bearish zone from late june.
it not able to break the 9400-9500 resistance
each attemt of the bullls to break it fall away by the bears. sooner or later it probably will fall .
this is a gloom scenario as once it fall bellow 8900 it will crash to area of 8200 or 7900
on the other hand if it will hold 8900-9000 , there is a good chance for new break up.
Positive scenario is about 35%
Negative scenario is 65%
so I am on side now. as market war between bears and bulls is still undecided
BTC went truly bullish on April and now is at bearish zone from late june.
it not able to break the 9400-9500 resistance
each attemt of the bullls to break it fall away by the bears. sooner or later it probably will fall .
this is a gloom scenario as once it fall bellow 8900 it will crash to area of 8200 or 7900
on the other hand if it will hold 8900-9000 , there is a good chance for new break up.
Positive scenario is about 35%
Negative scenario is 65%
so I am on side now. as market war between bears and bulls is still undecided
Note
on the last time same thing happen it totaly crash. so be aware of it
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