after the big fall off Corona virus btc price had tested the 10k$ at least 7 times (witch 3 times was really close to brake it) but unfortunately couldn't pass it... while the out brake of Corona passed and people started to invest again with grate doubts there is the biggest pile of cash and dollar waiting in accounts,since 15 jun a bearish trend started but if...
Hi every body SO this is how I see the BTC Since the big fall of Corona and the struggle for regaining the 10k price BTC had 5 tests of 10k (or near) and every test had 5 to 8 days of corrections witch with the good support on 0.78 fibo and 0.618 fibo ( 8900-8000$ ) the price re tested the 10 k again…. We have a good ICHI support since 12 may with a 1000$ gain of...
seems like its going to correct the price according the pattern....
9400 $ is the most strong PRZ in this channel this is the Corona impact and the top of progressive chanel i think after a fall to 8000 the up trend will go on to 14k$
as i told before BTC is in a up going Chanel and needs to brake 7400(+-500) to go on but in 10 days it will reach up to 8500 and the up going price will rally till the BTC halving ....
5300$ is the first price that BTC should struggle with and this struggle is going on for 2-3 days... if the price got passed and stayed mid 5300-6090 it may show a little hope for next prices...but i think price will fall to 4200 and if the price goes under 4200 next stop is 3600... this will force miners to shut the machines off and it will force the price to go...
after panic sell of btc and all other coins looks like people are coming back in market but it will take a little time...
seems like a down trend going on or this is just another trap of wales???? time will show
its going to finish uprising Chanel and at the ends of next 7-8 days its going to fall deep