Chart doesnt matter. Whale control the price.
Buy the DIP. Strong fall --> Big Bounce
STRONG SUPPORT: 4000 $ - trend reversal 1 st target: 6500 $ 2 nd target: 7500 $ MAJOR SUPPORT: 3500 $ (worst case scenario).
Long waited bottom: 4950 $ Downtrend: last 10 days Uptrend: starts now... 5 elliott waves + huge support + much more buy orders then sell orders + BTC oversold! BULLRUN First target: 6400 $ - first wave Middle target 1: 7400 $ - second wave Middle target 2: 8000 $ - third wave Second target: 8800 $ - fourth wave Final target: 11500 $ - fifth wave
You can still make money on BITCOIN, but: Do not buy at HYPE. Be carefull about BULLTRAP. We are still in downtrend. Sit back and just watch this price manipulation. Levels: 1st support: 5500 $. 2nd support: 5000 $.
Next target: 250 $. Not enough power to reach 300 $ level. Lot of sell orders, didnt follow BITCOIN bounce.
Still in downtrend, forming H&S pattern, target: 4900 $. Bulltrap like August 12.
Price Has Travelled A Massive Distance Already... - Definition of BullTrap Yes, BTC will reach 9k level again, but first is going down.
Big sell walls from nowhere? - price manipulation. Cause of that BTC have long accumulation process. Short: 7000 $ (between 6800 - 7200) Neutral: 10000 $ Long: 7000 $ or less.
Bitcoin levels: - 6800 $ first support - 7000 $ right now - 7300 $ first resistance
Seems like not enough power to create one more spike.