torture move before btc finally retrace? would you handle weeks and possibly months of slow back test 18,5k? Its make perfect sense, its region where everybody turns super bearish and we will reach maximum pesimism and fear in the market, it is region where majority of retails will sell. But as always it will be wrong move. Bottom is in but we might have some...
seems very likely we are in ABC correction , we need to hold 53k to remain bullish , dont panic. This might play out . DYOR . Not financial advice - just an idea. What do you think?
i wonder how many more fakeouts.. that is why im keep saying to people, triangles barely work out, you cant relie on them and you can always adjust trendlines as you wish and what you want to see. For now we are not bearish or bullish but we going to consolidate few more weeks before some big fundament happen that will sent BTC one or the other direction. GL
