Hello dear all bitcoin community and my friends,
I will be really brief to not steal much of your time. I believe the chart shows what it means.
It's been a nice run upwards since the March drop to 3800. We reached the level of 10.000usd but since May 7, we have rejected almost more than 10 times so finally we broke down from the upward channel. The last couple of times when it happened was BTC dropped around 45% from the break point. Then jump back, but it seems like we are finalizing the previous cycle. I believe we may drop around 5000-6000 usd level and jump back up to moon. This could be a great opportunity to buy the dip.
Please like and leave a comment if you like the idea. If you don't think so, also please mention the details.
Ciao all
I will be really brief to not steal much of your time. I believe the chart shows what it means.
It's been a nice run upwards since the March drop to 3800. We reached the level of 10.000usd but since May 7, we have rejected almost more than 10 times so finally we broke down from the upward channel. The last couple of times when it happened was BTC dropped around 45% from the break point. Then jump back, but it seems like we are finalizing the previous cycle. I believe we may drop around 5000-6000 usd level and jump back up to moon. This could be a great opportunity to buy the dip.
Please like and leave a comment if you like the idea. If you don't think so, also please mention the details.
Ciao all