Hi Everyone,
Following up bullish run and recent events I believe it is time for a BTCUSD correction.
Why?
Technical analysis:
50 000 is a resistance on weekly chart found with fork tool
We have Bearish divergence forming on a daily chart
Fundamentals?
Crypto is still not functional and all the trades are based off speculations. Yes technology is great...
The analysis was made on the 3.8.2018. I expect until the end of January slow fall to 4500 then side ways or a straight boom up.
Bullish market will come when all the hope in this world regarding crypto will be lost.
Best regards everyone.
