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4300

BTC.USD Monthly VisionHello Guys. How are you today? Let me say to Frankly, It's not financial advice. that is just a Vision of the market. that's all. ***************************** Today, I want to talk about Bitcoin in Monthly Time Frame. as you see, I used the Fibonacci channel. I remove other levels except 0 - 0.5 - 1 - 1.5 - 2 I want to introduce you to 0 as a low of the first channel. (Black Line) I want to introduce you to 0.5 as a Midline of the first channel. (Red Line) I want to introduce you 1 as a Top of the first channel. (Black Line) and so on. ***************************** I changed the candle stick to a line chart. So let's go into details. I drew by Fibonacci Channel and you see two red circles (as support zone) these circles are reactions to the Fibonacci channel, I expect the price to touch again the Fibonacci Channel around 22500 USD and if we lose this zone,10500-11500 USD will be the next support zone. And the 3rd Support zone will be the Blue circle zone. So, please watch the market, there is no money in the market. The situation is so complicated. I believe that we are in a recession and the U.S. government could NOT talk about the Recession because of China some reasons. I bet we will touch the second support zone around 10500-11500 USD and maybe we will touch 4300 USD. Who Knows!!! Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends. And Tell me do you agree with me or Not? By the way, please draw this Fib Channel on your chart, and after that change the price from Line-chart to Candle-Stick. You will see some amazing reactions. For example in Purple Circle 😜 Thank you so much in advance. Wish you Health and Wealth. Sincerely Yours Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock
The most insane outcomeMarket gets destroyed on 8th of October, last candle left on the daily chart before the breakdown. It goes past 5000 and 4300 because of the people panicking thinking it will go to zero. It bottoms at the most obvious support 2900 and bounces off all the way up to 5444 which will be used as a resistance point and then the horror movie begins all the way down to 1300 where the institutional money is waiting. In that case I'd expect some horifying news coming out, like: Tether and Bitfinex shuts down, Bitmex exit scams etc. Personally I don't believe this is going to happen. I'm just giving you the worst possible outcome to scare the s* out of you. Have a good day! :)
BITFINEX:BTCUSDShort
by supremetrejdr
2
BTC is gonna tank to 4300Maybe they're waiting for ETF rejection so that they can have an excuse to dump it. In that case we will need to wait until 1st of October. Short term I'm expecting we will go up to 6600 or 6800. This bear market is far from over. BTC needs to hit at least 4300, this is where the buyers are waiting and it's showing the strongest support. RSI on the weekly chart says 43, it needs to drop to 35, potentially 30 (in case we crash to 2800). Another thing worth to mention is that the last bull market lasted from October 2015 to December 2017. So 2 years and 2 months. Bear market should last half of this period so we have at least 5-6 months left before we can start thinking about Lambos.
BITFINEX:BTCUSDShort
by supremetrejdr
3