Next line of defense 9.200 USD

Waiting to see are we going to close today outside the triangle, if so then we are waiting and hoping for reversal. Even everything is suggesting that we are going to broke 9.200 USD and experience further downfall but i still remain positive that strong reversal could happen on 9.200 USD, nevertheless the best advice is to remain patient and wait to see the trend.

Not financial advice!

Comment:

Even the chart show us the way on downside i had that feeling Bitcoin could bounce from 9.200 and that inside feeling is based on BTC fundamentals, i strongly believe in future of BTC and Im sure it will reach new highs, but lesson number 1: don't trust your feelings, read the chart!

Have a nice evening and remember, previous support 9.200 now becomes resistance!