BTC the the kind of moment that define the whole thing: Will 2020 be the a bear or a bull?
You see what you want to see. I see a failed triangle.
I'm playing with the idea of a fast double down and turned in bullish model for BTC recovery of Covid-19. BTC will be 'cured' after that
ETh may blow any minute, the chart is so under pressure right now. It wanted to fly hard but BTC foiled ETH the past 3/4 days.
the pull back still timid. cant even call it a crisis yet
i GOT A PERFECT ENTRY AT Now the risk of pull back is very low and I'm confident BTC can break the yearly resistance for this party event. I'm 8 of 10 BULLISH
previews IDEA > RSI didn't drop below the must buy 30, it is also is a bit above the low RSI 35 of 8/9 days ago. 35 RSI is now support but the bear wanted to see it completed reset to below 30, it may not happen but because of that the recovery is slow.
Very speculative but not out of pocket a flash manipulation by BITMEX Fund to liquidate some poor souls LONG positions. They did it before many times and is justa matter of time to repeat, as the HALVING is comming and with really good spectations, BITMAX fund may trigger us in a very sharp drop and really ignite the chart for the HALVING Party.l
As time goes by and get close to the legendary HALVING (MAY,11), correction to bellow $8200 is getting less probable. of course you are going to have a HALVING PARTY above $11000. So, the bear still failing to drop the chart to a RSI bellow 20. So, maybe there will be no better price and the bears just give up and get ready to the party. This lasts 8 days have...
Every time the chart drops, the 8200 is the target. It's not necessary 8200 will be reached but it will always be the target.