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Btcusdidea

BTC is unstable and might DIP soonBitcoin has been moving in an upward trend for some time now and looks like it has completed 5 waves already. We should start seeing some form of correction now. So Bitcoin will retest and 48K -50K zone and might get rejected again, pushing Bitcoin further down and potentially breaking the lower part of the channel and continue down further. Also MACD is showing weakness in the trend. On FIb level, it can potentially move anywhere between 0.382 to 0.618 as marked on the chart. In couple of days we will have clear picture of where BTC is heading. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Short
by Manjyot
BTC bounce levels ? From where you can think of long positions Hi, first and most imp advice is wait for market to settle down a lil bit don't force trades.If you are holders then buy at every bounce levels , Buy in parts. But if you are future traders your concern should not be that market prices are higher or lowers you should wait for proper entry Here I pointed on some of the strong bounce levels of BTC 47 levels becomes weak as it was most hitted by BTC , Yesterday pump was not a actual strong pump as BTC volume was on the lower side it was just the manipulation of the market just future traders and scalper can take advantage of that situation Now before taking entries you to watch for how this strong support reacts, I am mentioning a diff bounce levels from where you can think of long by looking at the volume inflow and reaction at support 1st level is 46600 2nd level is 45500 3rd level is 44100 From these levels BTC can bounce back most probably we will visit 45 Comment below what you think
BITSTAMP:BTCUSDLong
by ProfessorMH
4