Something for the bulls. $8000 Bitcoin
Possible XBT bullish movement within next 10 days??
We will see!!
We have a downtrend and in my opinion - is a really strong one. XBT has tested 6 times now and failed. In fact, attempt 3 & 4 was -15% and 5 & 6 was -7% or so, movements are getting smaller (by 50% in fact.) It's almost time to destroy this trend. Say 17th to the 24th April? Sound good.. Again, we shall see!
BTC must rebuild and re-strength itself.
I'm not sure if price will hit the lower trend?? Although, everyone does love the shorting!!
Bitcoin does want to create new higher highs but for whatever reason is just being forced to stay indoors for now.
I think 6900 will be the break for a new trend, depending on structure, volume , candles etc...
A lot of this analysis is from mixed indicators on different Time Frames but more with a feeling of the markets. (and the way I want things)
Please let me know what you think??
Stay Safu
We will see!!
We have a downtrend and in my opinion - is a really strong one. XBT has tested 6 times now and failed. In fact, attempt 3 & 4 was -15% and 5 & 6 was -7% or so, movements are getting smaller (by 50% in fact.) It's almost time to destroy this trend. Say 17th to the 24th April? Sound good.. Again, we shall see!
BTC must rebuild and re-strength itself.
I'm not sure if price will hit the lower trend?? Although, everyone does love the shorting!!
Bitcoin does want to create new higher highs but for whatever reason is just being forced to stay indoors for now.
I think 6900 will be the break for a new trend, depending on structure, volume , candles etc...
A lot of this analysis is from mixed indicators on different Time Frames but more with a feeling of the markets. (and the way I want things)
Please let me know what you think??
Stay Safu
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