Swaraj6688

IF BTC breaks Below 50 Week Moving Avg....

Swaraj6688 Updated   
COINBASE:BTCUSD   Bitcoin
If it breaks the 50 week MA, it may form a descending triangle / descending wedge. and test the next support areas. The Price can fall much sooner than that.
My Ideal Buy zone takes us back to previous highs of Dec 2017.
Comment:
still some more downward movement left.
reluctantly sold at $56K. now very happy abt my decision.
sure there will be a bounce.. but only a temporary relief.
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