Finally, the pressure from the bears has caused the btc to break below the last low of the symmetric triangle, creating a small collapse of -5.5%. Will the value fall further? Who knows… The 28'5k support has been shown to be very strong. During the last week the support has been holding falls of almost 13%, 8% and 7%. This doesn't mean much, but it does give the...
the market still doesn’t know where to go… Long? Short? the symmetrical triangle keeps getting narrower. Let's see what happens when the price is forced to hit the resistance of 31’2k€ or the value goes beyond the last minimum of the symmetric triangle Be ready… **this is the continuation of my previous post**
Hello everybody, It is a pleasure to be part of this community. I want to contribute my analysis. It seems that we are in a moment of uncertainty, the market has not just positioned itself on whether the value is going to increase or depreciate, also we can see it in the EMA. That is why we find a timid uptrend. Yesterday we could see how the support at € 29.5k...